Global Crude oil price of Indian Basket was US$ 43.74 per bbl on 26.09.2016
Global Crude oil price of Indian Basket was US$ 43.74 per bbl on 26.09.2016
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$ 43.74 per barrel (bbl) on 26.09.2016. This was lower than the price of US$ 44.70 per bbl on previous publishing day of 23.09.2016.
In rupee terms, the price of Indian Basket decreased to Rs. 2918.14 per bbl on 26.09.2016 as compared to Rs. 2979.62 per bbl on 23.09.2016. Rupee closed weaker at Rs. 66.71 per US$ on 26.09.2016 as against Rs.66.65 per US$ on 23.09.2016. The table below gives details in this regard:
| Particulars | Unit | Price on September 26, 2016 (Previous trading day i.e. 23.09.2016) | Pricing Fortnight for 16.09.2016
(Aug 30, 2016 to Sep 13, 2016) |
| Crude Oil (Indian Basket) | ($/bbl) | 43.74 (44.70) | 45.03 |
| (Rs/bbl | 2918.14 (2979.62) | 3005.30 | |
| Exchange Rate | (Rs/$) | 66.71 (66.65) | 66.74 |
