Global Crude oil price of Indian Basket was US$ 55.18 per bbl on 24.02.2017
Global Crude oil price of Indian Basket was US$ 55.18 per bbl on 24.02.2017
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$ 55.18 per barrel (bbl) on 24.02.2017. This was lower than
the price of US$ 55.48 per bbl on previous publishing day of 23.02.2017.
In rupee terms, the price of Indian Basket decreased to Rs. 3687.76
per bbl on 24.02.2017 as compared to Rs. 3707.99 per bbl on 23.02.2017. Rupee closed at Rs. 66.84* per
US$ on 24.02.2017. The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price
on February 24, 2017 (Previous trading day i.e. 23.02.2017)
|
Pricing
Fortnight for 16.02.2017
(Jan
28, 2017 to Feb 13, 2017)
|
|
Crude
Oil (Indian Basket)
|
($/bbl)
|
55.18
(55.48)
|
54.67
|
|
3687.76
(3707.99)
|
3683.12
|
||
|
Exchange
Rate
|
66.84*
|
67.37
|
* RBI reference rate for
24.02.2017 is not available. Therefore reference rate of 23.02.2017 has been
considered.
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