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Crude oil price of Indian Basket rises

Source : IBNS
Last Updated: Mon, Apr 29, 2013 11:00 hrs

New Delhi, Apr 29 (IBNS) The international crude oil price of Indian Basket as computed/published on Monday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$101.51/barrel (bbl) on Apr 26.

The price prevailing on the previous trading day of Apr 25 was US$ 100.64/bbl.

The crude oil price in rupee terms also went up to Rs 5510.98 on Apr 26 as compared to Rs 5451.67/bbl on Apr 25.

This was due to price increase in dollar terms and rupee depreciation.

Rupee dollar exchange rate on Apr 26 was Rs 54.29/US$ against Rs 54.17/US$ on previous trading day of Apr 25.

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