Daily Crude oil price of Indian Basket was US$ 60.43/bbl on 30.06.2015
Daily Crude oil price of Indian Basket was US$ 60.43/bbl on 30.06.2015
The Petroleum Planning and Analysis Cell (PPAC)
under the Ministry of Petroleum and Natural Gas has reviewed international
prices of crude oil and petroleum products during the last month of June
2015. In the case of PDS Kerosene and Domestic LPG (Cash Subsidy under
DBTL), the under-recoveries for the month of July 2015 will be Rs 18.51
per litre (Rs 20.10 per litre in last month) and Rs 190.68 (Rs. 208.68 per
cylinder in last month) respectively.
Product-wise Under-recoveries of Public Sector Oil Marketing
Companies (OMCs)
|
Product
|
Unit
|
Under-recoveries effective 01.07.2015
( Previous fortnight effective 01.06 2015)
|
|
PDS Kerosene*
|
Rs/Litre
|
18.51*
(20.10)
|
|
Domestic LPG
|
Rs/Cylinder
|
190.68 **
(208.68)
|
** Cash Subsidy is for Delhi market.
The under-recoveries for the full year 2014-15 has
been Rs 72,314 crore. The figure was Rs 1,39,869 crore for full year in the
2013-14.
Regarding daily international crude oil price of Indian Basket as
published today, the price was US$ 60.43 per barrel (bbl) on 30.06.2015 as
against US$ 59.95 per bbl on 29.06.2015. In rupee terms, the price of
Indian Basket increased to Rs 3852.41 per bbl on 30.06.2015 as compared to Rs
3832.00 per bbl on 29.06.2015. Rupee closed stronger at Rs 63.75
per US$ on 30.06.2015 as against Rs 63.92 per US$ on 29.06.2015.
The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on June 30, 2015 (Previous
trading day i.e.
29.06.2015)
|
Pricing Fortnight for 01.07.2015
(June 12 to June 26, 2015)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
60.43 (59.95)
|
61.66
|
|
(Rs/bbl
|
3852.41 (3832.00)
|
3935.76
|
|
|
Exchange Rate
|
(Rs/$)
|
63.75
(63.92)
|
63.83
|
***
Under-recovery 01.07.2015
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