Global #crude oil price of Indian Basket was US$ 42.63 per bbl on 26.08.2015
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$ 42.63 per barrel (bbl) on 26.08.2015. This was higher than the price of US$ 42.59 per bbl on previous publishing day of 25.08.2015.
In rupee terms, the price of Indian Basket decreased to Rs 2820.40 per bbl on 26.08.2015 as compared to Rs 2841.18 per bbl on 25.08.2015. Rupee closed stronger at Rs 66.16 per US$ on 26.08.2015 as against Rs 66.71 per US$ on 25.08.2015. The table below gives details in this regard:
| Particulars | Unit | Price on August 26, 2015(Previous trading day i.e. 25.08.2015) | Pricing Fortnight for 16.08.2015
(July 30 to Aug 12, 2015) |
| Crude Oil (Indian Basket) | ($/bbl) | 42.63 (42.59) | 50.68 |
| (Rs/bbl | 2820.40 (2841.18) | 3243.52 | |
| Exchange Rate | (Rs/$) | 66.16 (66.71) | 64.00 |
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