Global Crude oil price of Indian Basket was US$ 50.83 per bbl on 26.04.2017


Global Crude oil price of Indian Basket was US$ 50.83 per bbl on 26.04.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.83 per barrel (bbl) on 26.04.2017. This was higher than the price of US$ 50.40 per bbl on previous publishing day of 25.04.2017.

In rupee terms, the price of Indian Basket increased to Rs.3253.25 per bbl on 26.04.2017 as compared to Rs. 3239.87 per bbl on 25.04.2017. Rupee closed stronger at Rs. 64.00 per US$ on 26.04.2017 as compared to Rs. 64.28 per US$ on 25.04.2017. The table below gives details in this regard:

 

Particulars    

Unit

Price on April 26, 2017 (Previous trading day i.e. 25.04.2017)

Pricing Fortnight for 16.04.2017

(March 30, 2017 to April 11, 2017)

Crude Oil (Indian Basket)

($/bbl)

             50.83            (50.40)

52.87

(Rs/bbl)

           3253.25        (3239.87)

3423.86

Exchange Rate   (Rs/$)

             64.00            (64.28)

64.76

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