Global crude oil price of Indian Basket decreased to US$ 103.04 per bbl on 01.08.2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 103.04 per barrel (bbl) on 01.08.2014. This was lower than the price of US$ 104.43 per bbl on previous publishing day of 31.07.2014.

In rupee terms, the price of Indian Basket decreased to Rs 6269.98 per bbl on 01.08.2014 as compared to Rs 6291.91 per bbl on 31.07.2014.  Rupee closed weaker at Rs 60.85 per US$ on 01.08.2014 as against Rs 60.25 per US$ on 31.07.2014. 

The table below gives details in this regard:

Particulars	Unit	Price on Aug 01, 2014 (Previous trading day i.e. 31.07.2014)	Pricing Fortnight for 01.08.2014 ( July 12 to July 29, 2014)
Crude Oil (Indian Basket)	($/bbl)	103.04             (104.43)	105.73
	(Rs/bbl	6269.98            (6291.91)	6360.72
Exchange Rate	(Rs/$)	60.85               (60.25)	60.16

  YKB/Daily Crude oil price- 04.08.2014