Global Crude oil price of Indian Basket was US$ 52.83 per bbl on 26.12.2016



Global Crude oil price of Indian Basket was US$ 52.83 per bbl on 26.12.2016


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$ 52.83 per barrel (bbl) on 26.12.2016.


In rupee terms, the price of Indian Basket decreased to Rs. 3583.64 per bbl on 26.12.2016 as compared to Rs. 3587.79 per bbl on 23.12.2016. Rupee closed stronger at Rs 67.83 per US$ on 26.12.2016 as against Rs 67.91 per US$ on 23.12.2016. The table below gives details in this regard:

Particulars   
Unit
Price on December 26, 2016
(Previous trading day i.e. 23.12.2016)
Pricing Fortnight for 16.12.2016
(Nov 29, 2016  to
Dec 13, 2016)

Crude Oil
(Indian Basket)
($/bbl)
 52.83              
50.85
(Rs/bbl)
3583.64       (3587.79) 
3460.34
Exchange Rate
(Rs/$)
 67.83              (67.91)
68.05

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