Global crude oil price of Indian Basket was US$ 48.70 per bbl on 03.09.2015
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$ 48.70 per barrel (bbl) on 03.09.2015. This was higher than the price of US$ 46.65 per bbl on previous publishing day of 02.09.2015.
In rupee terms, the price of Indian Basket increased to Rs 3225.40 per bbl on 03.09.2015 as compared to Rs 3086.36 per bbl on 02.09.2015. Rupee closed weaker at Rs 66.23 per US$ on 03.09.2015 as against Rs 66.16 per US$ on 02.09.2015. The table below gives details in this regard:
| Particulars | Unit | Price on September 03, 2015 (Previous trading day i.e. 02.09.2015) | Pricing Fortnight for 01.09.2015
(Aug 13 to Aug 27, 2015) |
| Crude Oil (Indian Basket) | ($/bbl) | 48.70 (46.65) | 46.03 |
| (Rs/bbl | 3225.40 (3086.36) | 3024.17 | |
| Exchange Rate | (Rs/$) | 66.23 (66.16) | 65.70 |
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