Global Crude oil price of Indian Basket was US$ 52.07 per bbl on 06.12.2016

Global Crude oil price of Indian Basket was US$ 52.07 per bbl on 06.12.2016

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$ 52.07 per barrel (bbl) on 06.12.2016. This was lower than the price of US$ 52.42 per bbl on previous publishing day of 05.12.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3542.75 per bbl on 06.12.2016 as compared to Rs. 3573.79 per bbl on 05.12.2016. Rupee closed stronger at Rs 68.03 per US$ on 06.12.2016 as against Rs 68.17 per US$ on 05.12.2016. The table below gives details in this regard:

 

Particulars     Unit Price on December 06, 2016 (Previous trading day i.e. 05.12.2016) Pricing Fortnight for 01.12.2016 (Nov 12, 2016 to Nov 28, 2016)
Crude Oil (Indian Basket) ($/bbl)            52.07             (52.42) 44.87
(Rs/bbl            3542.75         (3573.79) 3061.48
Exchange Rate (Rs/$)            68.03             (68.17) 68.23

 

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