Thursday, 14 January 2016

India crude basket price at US$ 27.32 on Jan 13

The international crude oil price of Indian Basket was US$ 27.32 per barrel (bbl) on Wednesday. This was lower than the price of US$ 27.33 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$ 27.32 per barrel (bbl) on Wednesday. This was lower than the price of US$ 27.33 per bbl on Tuesday.

In rupee terms, the price of Indian Basket decreased to Rs 1826.30 per bbl on Wednesday as compared to Rs 1828.42 per bbl on Tuesday. Rupee closed stronger at Rs 66.84 per US$ on Wednesday as against Rs 66.89 per US$ on Tuesday. The table below gives details in this regard:

Particulars     UnitPrice on January 13, 2016 (Previous trading day i.e. 12.01.2016)                                                                  Pricing Fortnight for 01.01.2016
(Dec 12 to Dec 29, 2015)
Crude Oil (Indian Basket)($/bbl)              27.32            (27.33)                 33.58
(Rs/bbl          1826.30         (1828.42)       2234.08
Exchange Rate  (Rs/$)              66.84             (66.89)    66.53

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