Daily Crude oil price of Indian Basket was US$ 40.97/bbl on 30.11.2015
Daily Crude oil price of Indian Basket was US$
40.97/bbl on 30.11.2015
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 November
2015. In the case of PDS Kerosene and Domestic LPG (Cash transfer to
customer under DBTL), the under-recoveries for the month of December 2015 will
be Rs 12.93 per litre (Rs 13.31 per litre in last month) and Rs 188.68
(Rs. 127.18 per cylinder in last month) respectively.
Product-wise
Under-recoveries of Public Sector Oil Marketing Companies (OMCs)
|
Product
|
Unit
|
Under-recoveries effective 01.12.2015
( Previous fortnight effective 01.11 2015)
|
|
PDS Kerosene*
|
Rs/Litre
|
12.93*
(13.31)
|
|
Domestic LPG
|
Rs/Cylinder
|
188.68 **
(127.18)
|
** 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$ 40.97 per barrel (bbl) on 30.11.2015 as against US$ 41.01 per bbl on
27.11.2015. In rupee terms, the price of Indian Basket increased to Rs
2737.63 per bbl on 30.11.2015 as compared to Rs 2737.54 per bbl on 27.10.2015.
Rupee closed weaker at Rs 66.81
per US$ on 30.11.2015 as against Rs 65.75 per US$ on 27.11.2015.
The table below
gives details in this regard:
|
Particulars
|
Unit
|
Price on November 30, 2015
(Previous trading day i.e.
27.11.2015)
|
Pricing
Fortnight for 01.12.2015
(Nov 11
to Nov 26, 2015)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
40.97 (41.01)
|
41.17
|
|
(Rs/bbl
|
2737.63 (2737.54)
|
2725.87
|
|
|
Exchange Rate
|
(Rs/$)
|
66.81
(66.75)
|
66.21
|
***
Under-Recovery
01.12.2015
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