Thursday, 10 December 2015

Global Crude oil price of Indian Basket was US$ 36.75 per bbl on 09.12.2015

The international crude oil price of Indian Basket was US$ 36.75 per barrel (bbl) on 09.12.2015. This was lower than the price of US$ 37.34 per bbl on previous publishing day of 08.12.2015.


The international crude oil price of Indian Basket as computed/published by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 36.75 per barrel (bbl) on 09.12.2015. This was lower than the price of US$ 37.34 per bbl on previous publishing day of 08.12.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2453.22 per bbl on 09.12.2015 as compared to Rs 2493.98 per bbl on 08.12.2015. Rupee closed stronger at Rs 66.75 per US$ on 09.12.2015 as against Rs 66.80 per US$ on 08.12.2015. The table below gives details in this regard:

ParticularsUnitPrice on December 09, 2015(Previous trading day i.e. 08.12.2015)Pricing Fortnight for 01.12.2015
(Nov 11 to Nov 26, 2015)
Crude Oil (Indian Basket)($/bbl)36.75             (37.34)41.17
(Rs/bbl2453.22         (2493.98)2725.87
Exchange Rate(Rs/$)66.75             (66.80)66.21

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