Global Crude oil price of Indian Basket was US$ 38.05 per bbl on 17.03.2016



Global Crude oil price of Indian Basket was US$ 38.05 per bbl on 17.03.2016 
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$ 38.05 per barrel (bbl) on 17.03.2016. This was higher than the price of US$ 36.10 per bbl on previous publishing day of 16.03.2016.

In rupee terms, the price of Indian Basket increased to Rs 2544.87 per bbl on 17.03.2016 as compared to Rs 2431.94 per bbl on 16.03.2016. Rupee closed stronger at Rs 66.88 per US$ on 17.03.2016 as against Rs 67.37 per US$ on 16.03.2016. The table below gives details in this regard:

Particulars     
Unit
Price on March 17, 2016 
(Previous trading day i.e. 16.03.2016)                                                                  
Pricing Fortnight for 16.03.2016
(26 Feb to 11 Mar, 2016)
Crude Oil (Indian Basket)
($/bbl)
              38.05             (36.10)              
34.82
(Rs/bbl
          2544.87         (2431.94)       
2356.62
Exchange Rate
  (Rs/$)
              66.88             (67.37)
67.68


Daily Crude Oil Price- 18.03.2016


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