Brent crude oil price decreased to US$ 102.80 per bbl on 05.08.2014

he international Brent crude oil price as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 102.80 per barrel (bbl) on 05.08.2014. This was lower than the price of US$ 103.52 per bbl on previous publishing day of 04.08.2014.

In rupee terms, the price of Brent crude decreased to Rs 6257.44 per bbl on 05.08.2014 as compared to Rs 6316.79 per bbl on 04.08.2014.  Rupee closed stronger at Rs 60.87 per US$ on 05.08.2014 as against Rs 61.02 per US$ on 04.08.2014. 

The crude oil price of average of Oman & Dubai was US$ 103.69 per barrel (bbl) on 05.08.2014. This was higher than the price of US$ 103.68 per bbl on previous publishing day of 04.08.2014. In rupees terms, Oman & Dubai crude average price decreased to Rs.6311.61 per bbl on 05.08.2014 as compared to Rs. 6326.55 per bbl on 04.08.2014.

The table below gives details in this regard:

Particulars	Unit	Price on Aug 05, 2014 (Previous trading day i.e. 04.08.2014)	Pricing Fortnight for 01.08.2014 ( July 12 to July 29, 2014)
Crude Oil (Brent)	($/bbl)	102.80             (103.52)	105.73
	(Rs/bbl	6257.44            (6316.79)	6360.72
Average of Oman and Dubai	($/bbl)	103.69             (103.68)	105.33
	(Rs/bbl	6311.61            (6326.55)	6336.65
Exchange Rate	(Rs/$)	60.87               (61.02)	60.16

  YKB/Daily Crude oil price- 06.08.2014