Global crude oil price of Indian Basket was US$ 49.11 per bbl on 07.08.2015
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$ 49.11 per barrel (bbl) on 07.08.2015.
In rupee terms, the price of Indian Basket increased to Rs 3133.71 per bbl on 07.08.2015 as compared to Rs 3131.25 per bbl on 06.08.2015. Rupee closed weaker at Rs 63.81 per US$ on 07.08.2015 as against Rs 63.76 per US$ on 06.08.2015. The table below gives details in this regard:
| Particulars | Unit | Price on August 07, 2015(Previous trading day i.e. 06.08.2015) | Pricing Fortnight for 01.08.2015
(July 14 to July 29, 2015) |
| Crude Oil (Indian Basket) | ($/bbl) | * 49.11 | 55.15 |
| (Rs/bbl | 3133.71 (3131.25) | 3511.95 | |
| Exchange Rate | (Rs/$) | 63.81 (63.76) | 63.68 |
* Since Oman & Dubai prices are not available due to holiday in Singapore on 07.08.2015, the price of Indian Basket Crude oil cannot be derived. Therefore, price of Indian Basket as of 06.08.2015 has been considered.
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