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Global Crude oil price of Indian Basket was US$ 31.07 per bbl on 19.02.2016


Global Crude oil price of Indian Basket was US$ 31.07 per bbl on 19.02.2016 

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$ 31.07 per barrel (bbl) on 19.02.2016. This was lower than the price of US$ 31.86 per bbl on previous publishing day of 18.02.2016.

In rupee terms, the price of Indian Basket decreased to Rs 2127.88 per bbl on 19.02.2016 as compared to Rs 2182.01 per bbl on 18.02.2016. Rupee closed stronger at Rs 68.49 per US$ on 19.02.2016 as against Rs 68.59 per US$ on 17.02.2016. The table below gives details in this regard:

Particulars     
Unit
Price on February 19, 2016 
(Previous trading day i.e. 18.02.2016)                                                                  
Pricing Fortnight for 16.02.2016
(28 Jan to  11 Feb, 2016)
Crude Oil (Indian Basket)
($/bbl)
              31.07             (31.86)              
  30.05
(Rs/bbl
          2127.88         (2182.01)       
2040.70
Exchange Rate
  (Rs/$)
            *68.49             (68.49)
    67.91
* RBI reference rate for 19.02.2016 is not available. Therefore reference rate of 18.02.2016 has been considered.
                              Daily Crude Oil Price- 22.02.2016 

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