Global Crude oil price of Indian Basket was US$ 44.70 per bbl on 23.09.2016

Global Crude oil price of Indian Basket was US$ 44.70 per bbl on 23.09.2016

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$ 44.70 per barrel (bbl) on 23.09.2016. This was lower than the price of US$ 44.94 per bbl on previous publishing day of 22.09.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 2979.62 per bbl on 23.09.2016 as compared to Rs. 3003.85 per bbl on 22.09.2016. Rupee closed stronger at Rs. 66.65 per US$ on 23.09.2016 as against Rs. 66.85 per US$ on 22.09.2016.. The table below gives details in this regard:

Particulars     Unit Price on September 23, 2016 (Previous trading day i.e. 22.09.2016) Pricing Fortnight for 16.09.2016

(Aug 30, 2016 to Sep 13, 2016)

 

Crude Oil (Indian Basket) ($/bbl)         44.70            (44.94) 45.03
(Rs/bbl         2979.62        (3003.85) 3005.30
Exchange Rate (Rs/$)         66.85            (66.85) 66.74

 

Leave a Reply

Your email address will not be published.