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Corporate Presentation - February 2013 - ONGC

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Crude oil price (US$/bbl)<br />

US$ vs Rs. Xchange rate<br />

Price volatility<br />

Crude oil price (Indian basket) to remain volatile. Double whammy –<br />

international price & unstable exchange range.<br />

Indian Basket (US$/bbl)<br />

130<br />

124<br />

61.00<br />

120<br />

110<br />

100<br />

90<br />

80<br />

85<br />

112<br />

109<br />

118<br />

108<br />

95<br />

100<br />

110 112<br />

110<br />

108<br />

107<br />

58.00<br />

55.00<br />

52.00<br />

49.00<br />

46.00<br />

Despite that Govt. has been<br />

able to make available<br />

petroleum products at<br />

affordable cost<br />

70<br />

43.00<br />

60<br />

FY'11 FY'12 FY'13 Mar'12 Apr'12 May'12 Jun'12 Jul'12 Aug'12 Sep'12 Oct'12 Nov'1<br />

2<br />

Dec'12<br />

Crude prices 85.09 111.89 109.1 123.61 118.04 108.13 94.51 100.34 110.07 111.83 109.79 107.82 106.85<br />

Xchange rate 47.99 54.94 50.40 51.78 54.39 57.22 55.35 55.99 53.65 53.10 54.78 54.65<br />

40.00<br />

12

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