Global crude oil price of Indian Basket was US$ 45.14 per bbl on 22.01.2015

Global crude oil price of Indian Basket was US$ 45.14 per bbl on 22.01.2015


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 was US$ 45.14 per barrel (bbl) on 22.01.2015. This was lower than the price of US$ 45.30 per bbl on previous publishing day of 21.01.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2784.69 per bbl on 22.01.2015 as compared to Rs 2790.93 per bbl on 21.01.2015. Rupee closed weaker at Rs 61.69 per US$ on 22.01.2015 as against Rs 61.61 per US$ on 21.01.2015.

The table below gives details in this regard:

 
Daily Crude oil price- 23.01.2015  

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9 crore consumers join DBTL, Rs. 2262 crores transferred as subsidy
The DBTL Scheme for LPG consumers (PAHAL) was launched on 15.11.14 in 54 districts and in the rest of the country on 01.01.15. The Scheme aims to transfer the subsidy on LPG directly into the bank accounts of over 15 crore LPG consumers. Ministry of Petroleum & Natural Gas has been intensively monitoring the roll out of the Scheme at various levels. As a result, as on date, 9 crore consumers have already joined the Scheme and will receive subsidy directly into their bank accounts. This constitutes over 60% of the LPG consumers in the country. So far, an amount of Rs. 2262 crore has been transferred as subsidy and permanent advance in over 7 crore transactions to the LPG consumers.