Global crude oil price of Indian Basket falls
The international crude oil price of Indian Basket as computed/published on Thursday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to USUSD 107.84/barrel (bbl) on Apr 3.
This was lower than the price of USUSD 108.74/bbl prevailing on the previous trading day of Apr 2.
In rupee terms also, the crude oil price declined to Rs 5865.42/bbl on Apr 3 as compared to Rs 5907.84/bbl on Apr 2.
This was due to price increase in dollar terms.
Rupee-dollar exchange rate on Apr 3 was Rs 54.39/USUSD against Rs 54.33/USUSD on previous trading day of Apr 2.
(Posted on 04-04-2013)