Global Crude oil price of Indian Basket at US$ 33.22 per bbl on Tuesday

The international crude oil price of Indian Basket as computed/published by PPAC under the Ministry of Petroleum and Natural Gas was US$ 33.22 per barrel (bbl) on Tuesday.

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$ 33.22 per barrel (bbl) on Tuesday. This was higher than the price of US$ 31.86 per bbl on previous publishing day of Monday.

In rupee terms, the price of Indian Basket increased to Rs 2264.23 per bbl on Tuesday as compared to Rs 2185.97 per bbl on Monday. Rupee closed stronger at Rs 68.16 per US$ on 01.03.2016 as against Rs 68.62 per US$ on Monday. The table below gives details in this regard:

Particulars	Unit	Price on March 01, 2016 (Previous trading day i.e. 29.02.2016)	Pricing Fortnight for 01.03.2016 (12 Feb to 25 Feb, 2016)
Crude Oil (Indian Basket)	($/bbl)	33.22             (31.86)	30.61
	(Rs/bbl	2264.23         (2185.97)	2096.17
Exchange Rate	(Rs/$)	68.16             (68.62)	68.48