Daily Crude oil price of Indian Basket was US$ 52.98/bbl on 31.07.2015
Daily Crude oil price of Indian Basket was US$ 52.98/bbl on 31.07.2015
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 July 2015. In the case of PDS
Kerosene and Domestic LPG (Cash transfer to customer under DBTL), the
under-recoveries for the month of August 2015 will be Rs 14.95 per litre
(Rs 18.51 per litre in last month) and Rs 167.18 (Rs. 190.68 per cylinder in
last month) respectively.
Product-wise Under-recoveries of
Public Sector Oil Marketing Companies (OMCs)
Product
|
Unit
|
Under-recoveries
effective 01.08.2015
( Previous
fortnight effective 01.07 2015)
|
PDS Kerosene*
|
Rs/Litre
|
14.95*
(18.51)
|
Domestic LPG
|
Rs/Cylinder
|
167.18 **
(190.68)
|
** 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$ 52.98 per barrel
(bbl) on 31.07.2015 as against US$ 53.78 per bbl on 30.07.2015. In rupee
terms, the price of Indian Basket decreased to Rs 3391.25 per bbl on 31.07.2015
as compared to Rs 3442.46 per bbl on 30.07.2015. Rupee-dollar exchange rate remained
unchanged at Rs. 64.01 per US$ on 31.07.2015 as compared to 30.07.2015.
The table below gives details in this
regard:
Under-Recovery 03.08.2015
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