Global Crude oil price of Indian Basket was US$ 54.49 per bbl on 28.12.2016
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$ 54.49 per barrel (bbl) on 28.12.2016. This was higher than the price of US$ 52.83 per bbl on previous publishing day of 27.12.2016.
In rupee terms, the price of Indian Basket increased to Rs. 3717.73 per bbl on 28.12.2016 as compared to Rs. 3592.28 per bbl on 27.12.2016. Rupee closed weaker at Rs 68.23 per US$ on 28.12.2016 as against Rs 68.00 per US$ on 27.12.2016. The table below gives details in this regard:
Particulars
Unit
Price on December 28, 2016 (Previous trading day i.e. 27.12.2016)
Pricing Fortnight for 16.12.2016
(Nov 29, 2016 to Dec 13, 2016)
Crude Oil (Indian Basket)
($/bbl)
54.49 (52.83)
50.85
(Rs/bbl
3717.73 (3592.28)
3460.34
Exchange Rate
(Rs/$)
68.23 (68.00)
68.05
YKB/Rk/Daily Crude Oil Price
