Global Crude oil price of Indian Basket was US$ 54.29 per bbl on 13.01.2017

Global Crude oil price of Indian Basket was US$ 54.29 per bbl on 13.01.2017

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$ 54.29 per barrel (bbl) on 13.01.2017. This was higher than the price of US$ 53.95 per bbl on previous publishing day of 12.01.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3704.29 per bbl on 13.01.2017 as compared to Rs. 3673.26 per bbl on 12.01.2017. Rupee closed weaker at Rs. 68.23 per US$ on 13.01.2017 as compared to Rs. 68.09 per US$ on 12.01.2017. The table below gives details in this regard:

Particulars      Unit Price on January 13, 2017 (Previous trading day i.e. 12.01.2017) Pricing Fortnight for 16.01.2017

(Dec 29, 2016 to Jun 11, 2016)

Crude Oil (Indian Basket) ($/bbl)        54.29              (53.95) 54.24
(Rs/bbl        3704.29          (3673.26) 3691.57
Exchange Rate (Rs/$)        68.23              (68.09) 68.06

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