Thursday 31 December 2015

Indian crude oil basket price at US$33.36/bbl on December 30

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$ 33.36 per barrel (bbl) on 30.12.2015. This was higher than the price of US$ 33.35 per bbl on previous publishing day of 29.12.2015.


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$ 33.36 per barrel (bbl) on 30.12.2015. This was higher than the price of US$ 33.35 per bbl on previous publishing day of 29.12.2015.

In rupee terms, the price of Indian Basket increased to Rs 2215.77 per bbl on 30.12.2015 as compared to Rs 2213.52 per bbl on 29.12.2015. Rupee closed weaker at Rs 66.42 per US$ on 30.12.2015 as against Rs 66.37 per US$ on 29.12.2015. The table below gives details in this regard:

Particulars     UnitPrice on December 30, 2015 (Previous trading day i.e. 29.12.2015)                                                                  Pricing Fortnight for 16.12.2015
(Nov 27 to Dec 11, 2015)
Crude Oil (Indian Basket)($/bbl)              33.36             (33.35)                 39.02
(Rs/bbl          2215.77         (2213.52)       2603.80
Exchange Rate  (Rs/$)              66.42             (66.37)    66.73

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