Tuesday, 23 February 2016

Global Crude oil price of Indian Basket was US$ 31.26 per bbl on Monday

The international crude oil price of Indian Basket as computed/published by PPAC under the Ministry of Petroleum and Natural Gas was US$ 31.26 per barrel (bbl) on Monday.


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$ 31.26 per barrel (bbl) on Monday. This was higher than the price of US$ 31.07 per bbl on Friday.

In rupee terms, the price of Indian Basket increased to Rs 2142.93 per bbl on Monday as compared to Rs 2127.88 per bbl on Friday. Rupee closed weaker at Rs 68.55 per US$ on Monday as against Rs 68.49 per US$ on Friday. The table below gives details in this regard:


Particulars    UnitPrice on February 22, 2016 (Previous trading day i.e. 19.02.2016)                                                                  Pricing Fortnight for 16.02.2016
(28 Jan to  11 Feb, 2016)
Crude Oil (Indian Basket)($/bbl)              31.26             (31.07)                30.05
(Rs/bbl          2142.93         (2127.88)       2040.70
Exchange Rate  (Rs/$)              68.55             (68.49)    67.91

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