Global crude oil price: Indian Basket steady

Last Updated: Fri, Nov 23, 2012 12:36 hrs

New Delhi, Nov 23 (IBNS) The international crude oil price for Indian Basket as computed/published on Friday by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas slightly rose to US$ 109.17/barrel (bbl) on Nov 22 as compared to US$ 109.11/bbl on the previous trading day's figures of Nov 21.

In rupee terms, though, the crude oil price declined marginally to Rs 6021.82 per bbl on Nov 22 as compared to Rs 6022.87 per bbl on Nov 21.

This was due to rupee appreciation as rupee dollar-exchange rate on Nov 22 was Rs 55.16/US$ against Rs 55.20 per US$ on previous trading day of Nov 21.

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