Global crude oil price of Indian Basket was US$ 44.28 per bbl on 27.08.2015
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$ 44.28 per barrel (bbl) on 27.08.2015. This was higher than the price of US$ 42.63 per bbl on previous publishing day of 26.08.2015.
In rupee terms, the price of Indian Basket increased to Rs 2925.14 per bbl on 27.08.2015 as compared to Rs 2820.40 per bbl on 26.08.2015. Rupee closed stronger at Rs 66.06 per US$ on 27.08.2015 as against Rs 66.16 per US$ on 26.08.2015. The table below gives details in this regard:
| Particulars | Unit | Price on August 27, 2015 (Previous trading day i.e. 26.08.2015) | Pricing Fortnight for 16.08.2015
(July 30 to Aug 12, 2015) |
| Crude Oil (Indian Basket) | ($/bbl) | 44.28 (42.63) | 50.68 |
| (Rs/bbl | 2925.14 (2820.40) | 3243.52 | |
| Exchange Rate | (Rs/$) | 66.06 (66.16) | 64.00 |
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