Oil price: Indian Basket rises sharply

New Delhi, Apr 3 : The international crude oil price of Indian Basket as computed/published on Wednesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas rose sharply to USUSD 108.74/barrel (bbl) on Apr 2.

This was higher than the price of USUSD 107.18/bbl prevailing on the previous trading day of Mar 28.

In rupee terms also, the crude oil price increased to Rs 5907.84 /bbl on Apr 2 as compared to Rs 5829.52/bbl on Mar 28.

This was due to price increase in dollar terms.

Rupee-dollar exchange rate on Apr 2 was Rs 54.33/USUSD against Rs 54.39/USUSD on previous trading day of Mar 28.

--IBNS (Posted on 03-04-2013)

business-india-news headlines

TCS, Twitter launch app to track Indian Elections

India's software market grew at 10pc in 2013: Research

Anand Mahindra, Banmali Agrawala, Ellen Lord named USIBC directors

Sigvaris appoints NovoMed as distributor in India

AGP launches talent division

Hotel Sahara Star honoured with award

eBay, CAIT partner to benefit Indian traders

Wipro ups IT revenue forecast for first quarter

Germany's SCHOTT cleared of anti-competition charges

Wipro net up 41 percent in Q4

Sensex up 352 points; IT, bank stocks gain

100 companies to take part in India Show in Hong Kong

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014


Your e-mail:

Your Full Name:

Type verification image:
verification image, type it in the box


Back to Top