Global Crude oil price of Indian Basket was US$ 44.28* per bbl on 26.06.2017

Global Crude oil price of Indian Basket was US$ 44.28* per bbl on 26.06.2017

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$ 44.28* per barrel (bbl) on 26.06.2017.

In rupee terms, the price of Indian Basket was Rs. 2857.47* per bbl on 26.06.2017. Rupee closed at Rs. 64.54** per US$ on 26.06.2017. The table below gives details in this regard:

Particulars     Unit Price on June 26, 2017
Crude Oil (Indian Basket) ($/bbl) 44.28*
(Rs/bbl) 2857.47*
Exchange Rate   (Rs/$)   64.54**

* Since Oman & Dubai prices are not available due to holiday in Singapore on 26.06.2017, the price of Indian Basket Crude oil cannot be derived. Therefore, price of Indian basket as of 23.06.2017 has been considered.

** RBI reference rate for 26.06.2017 is not available. Therefore rate of 23.06.2017 has been considered.

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