Global Crude Oil | Steven Straiton | Flickr.com
Global Crude Oil | Steven Straiton | Flickr.com

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$ 50.33 per barrel (bbl) on 07.10.2015. This was higher than the price of US$ 47.76 per bbl on previous publishing day of 06.10.2015.

In rupee terms, the price of Indian Basket increased to Rs 3284.13 per bbl on 07.10.2015 as compared to Rs 3123.28 per bbl on 06.10.2015. Rupee closed stronger at Rs 65.26 per US$ on 07.10.2015 as against Rs 65.39 per US$ on 06.10.2015. The table below gives details in this regard:

 

Particulars Unit Price on October 07, 2015(Previous trading day i.e. 06.10.2015) Pricing Fortnight for 01.10.2015

(Sep 12 to Sep 28, 2015)

Crude Oil (Indian Basket) ($/bbl) 50.33              (47.76) 45.27
(Rs/bbl 3284.13          (3123.28) 2991.44
Exchange Rate (Rs/$) 65.26            (65.39) 66.08

 

 

MJPS/Rk/Daily Crude Oil Price- 08.10.2015