Global Crude oil price of Indian Basket was US$ 50.14 per bbl on 07.10.2016

Global Crude oil price of Indian Basket was US$ 50.14 per bbl on 07.10.2016

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$ 50.14 per barrel (bbl) on 07.10.2016. This was higher than the price of US$ 49.27 per bbl on previous publishing day of 06.10.2016.

In rupee terms, the price of Indian Basket increased to Rs. 3348.40 per bbl on 07.10.2016 as compared to Rs. 3282.71 per bbl on 06.10.2016. Rupee closed weaker at Rs. 66.79 per US$ on 07.10.2016 as against Rs. 66.63 per US$ on 05.10.2016. The table below gives details in this regard:

 

Particulars      Unit Price on October 07, 2016 (Previous trading day i.e. 06.10.2016) Pricing Fortnight for 01.10.2016

(Sep 14, 2016 to Sep 28, 2016)

Crude Oil (Indian Basket) ($/bbl)            50.14            (49.27) 43.95
(Rs/bbl            3348.40        (3282.71) 2936.30
Exchange Rate (Rs/$)            66.79            (66.63) 66.81

 

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