Global Crude oil price of Indian Basket was US$ 48.23 per bbl on 26.10.2016



Global Crude oil price of Indian Basket was US$ 48.23 per bbl on 26.10.2016

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$ 48.23 per barrel (bbl) on 26.10.2016. This was lower than the price of US$ 49.20 per bbl on previous publishing day of 25.10.2016.


In rupee terms, the price of Indian Basket decreased to Rs. 3219.71 per bbl on 26.10.2016 as compared to Rs. 3290.57 per bbl on 25.10.2016. Rupee closed stronger at Rs. 66.76 per US$ on 26.10.2016 as against Rs. 66.88 per US$ on 25.10.2016. The table below gives details in this regard:

Particulars    
Unit
Price on October 26, 2016
(Previous trading day i.e. 25.10.2016)                                                                  
Pricing Fortnight for 16.10.2016
(Sep 29, 2016 to Oct 12, 2016)
Crude Oil (Indian Basket)
($/bbl)
48.23               (49.20)     
 48.69
(Rs/bbl
 3219.71         (3290.57)       
3243.24
Exchange Rate
  (Rs/$)
 66.76                (66.88)  
   66.61

Daily Crude Oil Price- 27.10.2016

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Safety of LPG consumers and the households is the prime concern while distributing new LPG connections
Government of India is committed to provide LPG as a clean cooking fuel across India through Pradhan Mantri Ujjwala Yojana (PMUY). More than 90 Lakh new connections have been released to the women from BPL households in the last 6 months.
Safety of LPG consumers and the households is the prime concern of the Government as well as the Oil Marketing Companies(OMCs) while distributing new LPG connections – whether under PMUY or otherwise. While issuing new connections to the beneficiaries, Safety/Insurance handouts with pictorial depictions have been given to them. A Safety briefing is also being imparted to the beneficiaries at the time of installation of LPG connection. In addition, Safety melas/ Safety Clinics are being organized in the villages to make the new consumers aware of the safety procedures. These efforts are being further stepped up to avoid any unfortunate incidents related to the use of LPG.
Ministry of Petroleum and Natural Gas is also continuously monitoring the settlement of Insurance claims related to past LPG accidents and monthly meetings are being held with the Insurance Companies and OMCs on the subject. The pendency in this regard has come down from 51% in June 2016 to 33.76% in October 2016 and all efforts are being made to clear all pending cases in 3 months.
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Training program conducted for Delivery men & Mechanics for enhancing safety at customer premises

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Bharatgas Safety Awareness Campaign in Vasai.. Safety First ... Safety Must.....
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Safety clinic at Ron Village, Alauli, Khagaria.

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