Daily Crude oil price of Indian Basket was US$ 44.80/bbl on 30.09.2015
Daily Crude oil price of
Indian Basket was US$ 44.80/bbl on 30.09.2015
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 September 2015. In the case of PDS
Kerosene and Domestic LPG (Cash transfer to customer under DBTL), the
under-recoveries for the month of October 2015 will be Rs 13.46 per litre
(Rs 11.76 per litre in last month) and Rs 99.68 (Rs. 141.68 per cylinder in
last month) respectively.
Product-wise
Under-recoveries of Public Sector Oil Marketing Companies (OMCs)
Product
|
Unit
|
Under-recoveries effective
01.10.2015
( Previous fortnight
effective 01.09 2015)
|
PDS Kerosene*
|
Rs/Litre
|
13.46*
(11.76)
|
Domestic LPG
|
Rs/Cylinder
|
99.68 **
(141.68)
|
** 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$ 44.80 per barrel (bbl) on 30.09.2015 as against US$
44.70 per bbl on 29.09.2015. In rupee terms, the price of Indian Basket
decreased to Rs 2945.38 per bbl on 30.09.2015 as compared to Rs 2958.75 per bbl
on 29.09.2015. Rupee closed stronger at Rs 65.74
per US$ on 30.09.2015 as against Rs 66.18 per US$ on 29.09.2015.
The table below gives details in this regard:
Particulars
|
Unit
|
Price on September 30, 2015(Previous trading day i.e. 29.09.2015)
|
Pricing Fortnight for
01.10.2015
(Sep 12 to Sep 28, 2015)
|
Crude Oil (Indian Basket)
|
($/bbl)
|
44.80 (44.70)
|
45.27
|
(Rs/bbl
|
2945.38 (2958.75)
|
2991.44
|
|
Exchange Rate
|
(Rs/$)
|
65.74
(66.18)
|
66.08
|
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