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Global Crude oil price of Indian Basket was US$ 38.57 per bbl on 18.03.2016

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Global Crude oil price of Indian Basket was US$ 38.57 per bbl on 18.03.2016
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$ 38.57 per barrel (bbl) on 18.03.2016. This was higher than the price of US$ 38.05 per bbl on previous publishing day of 17.03.2016.

In rupee terms, the price of Indian Basket increased to Rs 2568.88 per bbl on 18.03.2016 as compared to Rs 2544.87 per bbl on 17.03.2016. Rupee closed stronger at Rs 66.61 per US$ on 18.03.2016 as against Rs 66.88 per US$ on 17.03.2016. The table below gives details in this regard:

Particulars     
Unit
Price on March 18, 2016 (Previous trading day i.e. 17.03.2016)                                                                  
Pricing Fortnight for 16.03.2016
(26 Feb to 11 Mar, 2016)
Crude Oil (Indian Basket)
($/bbl)
              38.57             (38.05)              
34.82
(Rs/bbl
          2568.88         (2544.87)       
2356.62
Exchange Rate
  (Rs/$)
              66.61             (66.88)
67.68


 Daily Crude Oil Price- 21.03.2016     

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