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 up to US$ 101.59/per barrel (bbl) on 28.05.2013. This was higher than the price of US$ 99.37/bbl prevailing on the previous trading day of 27.05.2013.
The crude oil price in rupee terms also increased to Rs 5662.63/bbl on 28.05.2013 as compared to Rs 5526.96/bbl on 27.05.2013. This was due to price increase in dollar terms and rupee depreciation. Rupee dollar exchange rate on 28.05.2013 was Rs 55.74/US$ against Rs 55.62/US$ on previous trading day of 27.05.2013.
The table below gives details in this regard :
| Particulars | Unit | Price on May 28, 2013 (previous trading day i.e. 27.05.2013) | Last Fortnight May 1-15, 2013(previous fortnight i.e. April 16-30, 2013) |
| Crude Oil (Indian Basket) | ($/bbl) | 101.59 (99.37) | 101.21 (99.38) |
| (Rs/bbl | 5662.63 (5526.96) | 5497.73 (5385.40) | |
| Exchange Rate | (Rs/$) | 55.74 (55.62) | 54.32 (54.19) |
RCJ/RKS–Daily Crude oil price- 29.05.2013
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