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Crude Oil Price: Indian Basket decreases

India Blooms News Service




New Delhi, June 21 (IBNS) The international crude oil price for Indian Basket as computed/published on Thursday by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas declined to US$ 94.03 /barrel (bbl) on June 20.




The price was lower than US$ 94.28 /bbl on the previous trading day of June 19.

In rupee terms, also the crude oil price decreased to Rs 5252.22 per bbl on June 20 from Rs 5280.62 per bbl on June 19.

This was due to decrease in the price in dollar terms and rupee appreciation with rupee-dollar exchange rate on June 20 at Rs 55.86 /US$ against Rs 56.01/US$ on June 19.



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indian news portal IBNS
indian news portal IBNS
indian news portal IBNS
 
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