India crude oil basket price at US$33.54/bbl on Jan 4

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$ 33.54 per barrel (bbl) on 04.01.2016.

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$ 33.54 per barrel (bbl) on 04.01.2016.

In rupee terms, the price of Indian Basket increased to Rs 2229.47 per bbl on 04.01.2016 as compared to Rs 2177.22 per bbl on 01.01.2016. Rupee closed weaker at Rs 66.46 per US$ on 04.01.2016 as against Rs 66.18 per US$ on 01.01.2016. The table below gives details in this regard:

Particulars	Unit	Price on January 04, 2016(Previous trading day i.e. 01.01.2016)	Pricing Fortnight for 01.01.2016 (Dec 12 to Dec 29, 2015)
Crude Oil (Indian Basket)	($/bbl)	33.54             (32.90)	33.58
	(Rs/bbl	2229.47         (2177.22)	2234.08
Exchange Rate	(Rs/$)	66.46             (66.18)	66.53