Global Crude oil price of Indian Basket was US$ 50.44 per bbl on 17.03.2017
Global Crude oil price of Indian Basket was US$ 50.44 per bbl on 17.03.2017
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$ 50.44 per barrel (bbl) on 17.03.2017. This was lower than the price of US$ 50.76
per bbl on previous publishing day of 16.03.2017.
In rupee terms, the price of Indian Basket decreased to Rs. 3305.67
per bbl on 17.03.2017 as compared to Rs. 3318.91 per bbl on 16.03.2017. Rupee closed weaker at Rs. 65.54 per
US$ on 17.03.2017 as compared to Rs. 65.38 per
US$ on 16.03.2017. The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price
on March 17, 2017 (Previous trading day i.e. 16.03.2017)
|
Pricing
Fortnight for 16.03.2017
(Feb
25, 2017 to March 13, 2017)
|
|
Crude
Oil (Indian Basket)
|
($/bbl)
|
50.44
(50.76)
|
53.70
|
|
3305.67
(3318.91)
|
3583.94
|
||
|
Exchange
Rate
|
65.54
(65.38)
|
66.74
|
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