This was lower than the price of US$ 37.07 per 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$ 36.80 per barrel (bbl) on Wednesday. This was lower than the price of US$ 37.07 per bbl on Tuesday.
In rupee terms, the price of Indian Basket decreased to Rs 2482.93 per bbl on Wednesday as compared to Rs 2495.94 per bbl on Tuesday. Rupee closed weaker at Rs 67.46 per US$ on 09.03.2016 as against Rs 67.34 per US$ on Tuesday. The table below gives details in this regard:
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$ 36.80 per barrel (bbl) on Wednesday. This was lower than the price of US$ 37.07 per bbl on Tuesday.
In rupee terms, the price of Indian Basket decreased to Rs 2482.93 per bbl on Wednesday as compared to Rs 2495.94 per bbl on Tuesday. Rupee closed weaker at Rs 67.46 per US$ on 09.03.2016 as against Rs 67.34 per US$ on Tuesday. The table below gives details in this regard:
| Particulars | Unit | Price on March 09, 2016 (Previous trading day i.e. 08.03.2016) | Pricing Fortnight for 01.03.2016 (12 Feb to 25 Feb, 2016) |
| Crude Oil (Indian Basket) | ($/bbl) | 36.80 (37.07) | 30.61 |
| (Rs/bbl | 2482.93 (2495.94) | 2096.17 | |
| Exchange Rate | (Rs/$) | 67.46 (67.34) | 68.48 |
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