International prices of crude oil and major petroleum Products

(US $/bbl& LPG US$/MT)

Period	Crude Oil(Indian Basket)	Petrol	Diesel	Kerosene	LPG
2002-03	26.65	30.04	28.86	29.24	279.67
2003-04	27.97	35.01	30.39	31.11	277.02
2004-05	39.21	48.97	46.91	49.51	368.57
2005-06	55.72	64.51	64.7	69.43	481.04
2006-07	62.46	72.62	74.12	77.03	499.67
2007-08	79.25	90.76	92.91	94.33	683.49
2008-09	83.57	89.42	101.75	104.37	688.00
2009-10	69.76	76.23	74.67	75.35	582.69

Notes:
• Composition of Indian Basket of Crude represents average of Oman & Dubai for sour grades and Brent (Dated) for sweet grade in the ratio of 64 : 37 for 2009-10; 62 : 38 for 2008-09; 61 : 39 for 2007-08; 60 : 40 for 2006-07; 58 : 42 for the year 2005-06 and 57 : 43 for the prior periods.

• Price of kerosene & Diesel (0.5% sulphur) is for Arab Gulf Market.

• LPG Price is Saudi Aramco CP based on 60:40 butane / propane ratio.

• Price of Petrol is 92 RON unleaded for Singapore market.

Source: International Trade Department, IOCL