Indian crude basket at $48.16/bbl on September 4

The price of Indian Basket decreased to Rs. 3,197.82 per bbl on Friday as compared to Rs. 3,225.40 per bbl on Thursday.

The international crude oil price of Indian Basket as computed by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 48.16 per barrel (bbl) on Friday. This was lower than the price of US$ 48.70 per bbl on previous publishing day of Thursday.

In rupee terms, the price of Indian Basket decreased to Rs. 3,197.82 per bbl on Friday as compared to Rs. 3,225.40 per bbl on Thursday. Rupee closed weaker at Rs. 66.40 per US$ on Friday as against Rs. 66.23 per US$ on Thursday.