Global Crude oil price of Indian Basket was US$ 45.15 per bbl on 05.07.2016

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$ 45.15 per barrel (bbl) on 05.07.2016. This was lower than the price of US$ 46.82 per bbl on previous publishing day of 04.07.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3043.20 per bbl on 05.07.2016 as compared to Rs. 3145.61 per bbl on 04.07.2016. Rupee closed weaker at Rs. 67.40 per US$ on 05.07.2016 as against Rs. 67.18 per US$ on 04.07.2016. The table below gives details in this regard:

Price on June 14,2016
And Previous day price
Pricing Fortnight for 01.06.2016
(12 May, 2016 to May 27, 2016)

Crude Oil (Indian Basket)
 45.15      (46.82)  
  3184.15   (3145.61) 
Exchange Rate
67.40             (67.18)

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