Global Crude oil price of Indian Basket was US$ 45.51 per bbl on 21-11-2016

Global Crude oil price of Indian Basket was US$ 45.51 per bbl on 21-11-2016

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$ 45.51 per barrel (bbl) on 18-11-2016. This was higher than the price of US$ 43.46 per bbl on previous publishing day of 18-11-2016.

In rupee terms, the price of Indian Basket increased to Rs. 3106.70 per bbl on 21-11-2016 as compared to Rs. 2959.58 per bbl on 21-11-2016. Rupee closed weaker at Rs. 68.26 per US$ on 21-11-2016 as against Rs. 68.09 per US$ on 17-11-2016. The table below gives details in this regard:

 

Particulars     Unit Price on November 21, 2016 (Previous trading day i.e. 18.11.2016) Pricing Fortnight for 16.11.2016

(Oct 27, 2016 to Nov 11, 2016)

 

Crude Oil (Indian Basket) ($/bbl)             45.51           (43.46) 44.80
(Rs/bbl             3106.70       (2959.58) 2990.85
Exchange Rate (Rs/$)             68.26           (68.09) 66.76

 

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