Due to holiday in UK on 29.08.2016, the quotes for Brent are not available. Since Brent prices are not available, the price of Indian Basket Crude oil cannot be derived. Hence Indian Basket Prices of 26.08.2016 has been considered, which was US$ 47.14 per bbl.
In rupee terms, the price of Indian Basket increased to Rs. 3166.62 per bbl on 29.08.2016 as compared to Rs. 3159.50 per bbl on 26.08.2016. Rupee closed weaker at Rs. 67.18 per US$ on 29.08.2016 as against Rs. 67.03 per US$ on 26.08.2016.
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