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)

*Inclusive of the quantum of erstwhile Fiscal Subsidy Scheme 2002 i.e. Rs 0.82/Litre.

** 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



No comments

Powered by Blogger.