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$ 54.63* per barrel (bbl) on 30.01.2017.
In rupee terms, the price of Indian Basket decreased to Rs. 3717.14 per bbl on 30.01.2017 as compared to Rs. 3725.97 per bbl on 27.01.2017. Rupee closed stronger at Rs. 68.04 per US$ on 30.01.2017 as compared to Rs. 68.20 per US$ on 27.01.2017. The table below gives details in this regard:
|Particulars||Unit||Price on January 30, 2017 (Previous trading day i.e. 27.01.2017)||Pricing Fortnight for 16.01.2017
(Dec 29, 2016 to Jan 11, 2017)
|Crude Oil (Indian Basket)||($/bbl)||54.63*||54.24|
|Exchange Rate||(Rs/$)||68.04 (68.20)||68.06|
* Since Oman & Dubai prices are not available due to holiday in Singapore on 30.01.2017, the price of Indian Basket Crude oil cannot be derived. Therefore price of Indian Basket as of 27.01.2017 has been considered.