Global Crude oil price of Indian Basket was US$ 38.76 per bbl on 18.04.2016

Global Crude oil price of Indian Basket was US$ 38.76 per bbl on 18.04.2016

Team EnergyInfraPost

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$ 38.76 per barrel (bbl) on 18.04.2016. This was lower than the price of US$ 40.21 per bbl on previous publishing day of 15.04.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 2584.28 per bbl on 18.04.2016 as compared to Rs 2671.41 per bbl on 15.04.2016. Rupee closed at Rs 66.67 per US$ on 18.04.2016. The table below gives details in this regard:

Particulars     Unit Price on April 18, 2016 (Previous trading day i.e. 15.04.2016) Pricing Fortnight for 16.04.2016

(30 Mar to 12 Apr, 2016)

Crude Oil (Indian Basket) ($/bbl)                 38.76                (40.21) 36.98
(Rs/bbl              2584.28            (2671.41) 2455.84
Exchange Rate   (Rs/$)                 66.67                 66.41