Global Crude oil price of Indian Basket was US$ 47.02 per bbl on 21.06.2016

Global Crude oil price of Indian Basket was US$ 47.02 per bbl on 21.06.2016

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$ 47.02 per barrel (bbl) on 21.06.2016. This was lower than the price of US$ 47.24 per bbl on previous publishing day of 20.06.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3172.68 per bbl on 21.06.2016 as compared to Rs. 3184.55 per bbl on 20.06.2016. Rupee closed weaker at Rs. 67.48 per US$ on 21.06.2016 as against Rs67.41 per US$ on 20.06.2016. The table below gives details in this regard:

Particulars     Unit Price on June 21, 2016 (Previous trading day i.e. 20.06.2016) Pricing Fortnight for 16.06.2016

(28 May, 2016 to June 13, 2016)

Crude Oil (Indian Basket) ($/bbl)      47.02            (47.24)    47.61
(Rs/bbl      3172.68       (3184.55) 3191.77
Exchange Rate (Rs/$)      67.48             (67.41)    67.04

 

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