Global Crude Oil Price Of Indian Basket Was Us$ 51.59 Per Bbl On 09.08.2017

Global Crude Oil Price Of Indian Basket Was Us$ 51.59 Per Bbl On 09.08.2017

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$ 51.59* per barrel (bbl) on 09.08.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3288.67 per bbl on 09.08.2017 as compared to Rs. 3288.77 per bbl on 08.08.2017. Rupee closed weaker at Rs. 63.75 per US$ on 09.08.2017 as compared to Rs. 63.74 per US$ on 08.08.2017. The table below gives details in this regard:

Particulars Unit Price on August 09, 2017 Previous trading day i.e. (08.08.2017)
Crude Oil (Indian Basket) ($/bbl)         51.59*
(Rs/bbl) 3288.67           (3288.77)
Exchange Rate (Rs/$) 63.75               (63.74)

 

* Since Oman & Dubai prices are not available due to holiday in Singapore on 9.8.2017, the price of Indian basket crude oil cannot be derived therefore, price of Indian basket as of 8.8.2017 has been considered.

RG/SA Daily Crude Oil Price       

Leave a Reply

Your email address will not be published.