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$ 31.06 per barrel (bbl) on 09.02.2016.
In rupee terms, the price of Indian Basket increased to Rs 2116.83 per bbl on 09.02.2016 as compared to Rs 2106.17 per bbl on 08.02.2016. Rupee closed weaker at Rs 68.16 per US$ on 09.02.2016 as against Rs 67.82 per US$ on 08.02.2016. The table below gives details in this regard:
|Particulars||Unit||Price on February 09, 2016 (Previous trading day i.e. 08.02.2016||Pricing Fortnight for 01.02.2016
(14 Jan to 27 Jan, 2016)
|Crude Oil (Indian Basket)||($/bbl)||*31.06(31.06)||26.05|
* Since Oman & Dubai prices are not available due to holiday in Singapore on 8th & 9th Feb, 2016 the price of Indian Basket Crude oil cannot be derived. Therefore, price of Indian basket as of 5th Feb, 2016 has been considered.