Crude oil price of Indian Basket declines

New Delhi, Sept 23 : The international crude oil price of Indian Basket as computed/published Monday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to USUSD 108.30/per barrel (bbl) on Sept 20.

This was lower than the price USUSD 109.47/bbl on the previous trading day of Sept 19.

In rupee terms though, the crude oil price declined only marginally to Rs 6740.59 per bbl on Sept 20 as compared to Rs 6759.77 /bbl on Sept 19.

This was due to fall in price in dollar terms as rupee depreciation wiped a major part of the gains with rupee dollar exchange rate on Sept 20 at Rs 62.24/USUSD against Rs 61.75/bbl on previous trading day of Sept 19.

--IBNS (Posted on 23-09-2013)

business-india-news headlines

Reliance's polyester plant at Silvassa starts production

Tata Steel registers highest ever annual sales

Business firms hope India will confront its corruption crises

"Music F Fatafati" logo launched

Cash-rich Infosys gifts higher dividend to investors

CII slams Gujarat, Karnataka curbing open access in power

Hindujas are the wealthiest Asians in UK

Inflation rises to 7-mth high of 5.7 pc in Mar

Global crude oil price increases marginally to $ 105.91 per bbl

Punj Lloyd gets Rs 3254 cr buildings project

Mahindra ShubhLabh Services partners UNIVEG

Indian Rupee: Currency Exchange (Forex) Rates - 15 April 2014

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