Global Crude oil price of Indian Basket was US$ 43.86 per bbl on 28.04.2016

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$ 43.86 per barrel (bbl) on 28.04.2016. This was higher than the price of US$ 43.03 per bbl on previous publishing day of 27.04.2016.

In rupee terms, the price of Indian Basket increased to Rs. 2912.56 per bbl on 28.04.2016 as compared to Rs. 2863.73 per bbl on 27.04.2016. Rupee closed stronger at Rs 66.40 per US$ on 28.04.2016 as against Rs 66.55 per US$ on 27.04.2016. The table below gives details in this regard:


Particulars      Unit Price on April 28, 2016 (Previous trading day i.e. 27.04.2016) Pricing Fortnight for 16.04.2016

(30 Mar to 12 Apr, 2016)

Crude Oil (Indian Basket) ($/bbl)                 43.86                (43.03) 36.98
(Rs/bbl              2912.56            (2863.73) 2455.84
Exchange Rate   (Rs/$)                 66.40                (66.55) 66.41