Global Crude oil price of Indian Basket was US$ 34.20 per bbl on 16.12.2015



Global Crude oil price of Indian Basket was US$ 34.20 per bbl on 16.12.2015 
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$ 34.20 per barrel (bbl) on 16.12.2015. This was lower than the price of US$ 34.25 per bbl on previous publishing day of 15.12.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2286.11 per bbl on 16.12.2015 as compared to Rs 2296.04 per bbl on 15.12.2015. Rupee closed stronger at Rs 66.85 per US$ on 16.12.2015 as against Rs 67.04 per US$ on 15.12.2015. The table below gives details in this regard:

Particulars     
Unit
Price on December 16, 2015 
(Previous trading day i.e. 15.12.2015)                                                                  
Pricing Fortnight for 16.12.2015
(Nov 27 to Dec 11, 2015)
Crude Oil (Indian Basket)
($/bbl)
 34.20             (34.25)               
  39.02
(Rs/bbl
2286.11       (2296.04)       
2603.80
Exchange Rate
  (Rs/$)
 66.85             (67.04)
    66.73


                        Daily Crude Oil Price- 17.12.2015      

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