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Global Crude oil price of Indian Basket was US$ 31.01 per bbl on 25.02.2016

Global Crude oil price of Indian Basket was US$ 31.01 per bbl on 25.02.2016 

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$ 31.01 per barrel (bbl) on 25.02.2016. This was higher than the price of US$ 30.06 per bbl on previous publishing day of 24.02.2016.

In rupee terms, the price of Indian Basket increased to Rs 2127.01 per bbl on 25.02.2016 as compared to Rs 2061.21 per bbl on 24.02.2016. Rupee closed weaker at Rs 68.60 per US$ on 25.02.2016 as against Rs 68.57 per US$ on 24.02.2016. The table below gives details in this regard:

Particulars    
Unit
Price on February 25, 2016 
(Previous trading day i.e. 24.02.2016)                                                                  
Pricing Fortnight for 16.02.2016
(28 Jan to  11 Feb, 2016)
Crude Oil (Indian Basket)
($/bbl)
31.01             (30.06)              
  30.05
(Rs/bbl
 2127.01         (2061.21)       
2040.70
Exchange Rate
  (Rs/$)
 68.60             (68.57)
    67.91

                      Daily Crude Oil Price- 26.02.2016      

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