Global Crude oil price of Indian Basket was US$ 52.98 per bbl on 22.05.2017

Global Crude oil price of Indian Basket was US$ 52.98 per bbl on 22.05.2017

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$ 52.98 per barrel (bbl) on 22.05.2017. This was higher than the price of US$ 52.30 per bbl on previous publishing day of 19.05.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3420.57 per bbl on 22.05.2017 as compared to Rs. 3399.00 per bbl on 19.05.2017. Rupee closed stronger at Rs. 64.56 per US$ on 22.05.2017 as compared to Rs. 64.99 per US$ on 19.05.2017. The table below gives details in this regard:

Particulars     Unit  Price on May 22, 2017 Previous trading day i.e. 19.05.2017)  Pricing Fortnight for 16.05.2017

(April 27, 2017 to May 11, 2017)

Crude Oil (Indian Basket) ($/bbl)    52.98                (52.30) 49.22
(Rs/bbl)  3420.57           (3399.00) 3162.88
Exchange Rate   (Rs/$)    64.56                (64.99) 64.26

RG/SA Daily Crude Oil Price 

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