Crude oil prices for Indian Basket at $91.66 bbl: PPAC

Subscribe to GoodReturns

The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas said that the international crude oil price for the Indian Basket was higher at USD 91.66 per barrel (bbl).

"The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas increased to USD 91.66 /barrel (bbl) on June 27.The price was higher than USD 90.75/bbl on the previous trading day of June 26," said the statement released by PPAC.

Similarly, the prices in terms of rupees were also recorded to be higher at Rs 5244.79 against Rs 5179.10 per bbl on June 26, 2012. The rise in the prices is accounted to increase in price in dollar terms and further rupee depreciation with rupee-dollar exchange rate on June 27 at Rs 57.22 /USD against Rs 57.07/USD on June 26.

Read more about: crude
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?