Global Crude oil price of Indian Basket was US$ 36.10 per bbl on 16.03.2016



Global Crude oil price of Indian Basket was US$ 36.10 per bbl on 16.03.2016 
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$ 36.10 per barrel (bbl) on 16.03.2016. This was higher than the price of US$ 35.42 per bbl on previous publishing day of 15.03.2016.

In rupee terms, the price of Indian Basket increased to Rs 2431.94 per bbl on 16.03.2016 as compared to Rs 2381.35 per bbl on 15.03.2016. Rupee closed weaker at Rs 67.37 per US$ on 16.03.2016 as against Rs 67.23 per US$ on 15.03.2016. The table below gives details in this regard:

Particulars    
Unit
Price on March 16, 2016 
(Previous trading day i.e. 15.03.2016)                                                                  
Pricing Fortnight for 16.03.2016
(26 Feb to 11 Mar, 2016)
Crude Oil (Indian Basket)
($/bbl)
  36.10             (35.42)              
34.82
(Rs/bbl
  2431.94         (2381.35)       
2356.62
Exchange
 Rate
(Rs/$)
  67.37             (67.23)
67.68


                                                 Daily Crude Oil Price- 17.03.2016   


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