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Global Crude oil price of Indian Basket was US$ 29.24 per bbl on 07.01.2016



Global Crude oil price of Indian Basket was US$ 29.24 per bbl on 07.01.2016 

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$ 29.24 per barrel (bbl) on 07.01.2016. This was lower than the price of US$ 31.33 per bbl on previous publishing day of 06.01.2016.

In rupee terms, the price of Indian Basket decreased to Rs 1956.65 per bbl on 07.01.2016 as compared to Rs 2090.22 per bbl on 06.01.2016. Rupee closed weaker at Rs 66.91 per US$ on 07.01.2016 as against Rs 66.72 per US$ on 06.01.2016. The table below gives details in this regard:

Particulars    
Unit
Price on January 07, 2016 
(Previous trading day i.e. 06.01.2016)                                                                  
Pricing Fortnight for 01.01.2016
(Dec 12 to Dec 29, 2015)
Crude Oil (Indian Basket)
($/bbl)
   29.24             (31.33)               
  33.58
(Rs/bbl
    1956.65         (2090.22)       
2234.08
Exchange Rate
  (Rs/$)
    66.91             (66.72)
    66.53

Daily Crude Oil Price- 08.01.2016      



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