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Tuesday, 15 September 2015

Global crude oil price of Indian Basket was US$ 46.13 per bbl on 11.09.2015

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$ 46.13 per barrel (bbl) on 11.09.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3062.25 per bbl on 11.09.2015 as compared to Rs 3071.34 per bbl on 10.09.2015. Rupee closed stronger at Rs66.39 per US$ on 11.09.2015 as against Rs 66.58 per US$ on 10.09.2015. The table below gives details in this regard:

Particulars
Unit
Price on September 11, 2015(Previous trading day i.e. 10.09.2015)
Pricing Fortnight for 01.09.2015
(Aug 13 to Aug 27, 2015)
Crude Oil (Indian Basket)
($/bbl)
*46.13             (46.13)
46.03
(Rs/bbl
3062.25          (3071.34)
3024.17
Exchange Rate
(Rs/$)
66.39              (66.58)
65.70
* Since Oman & Dubai prices are not available due holiday in Singapore on 11.09.2015, the price of Indian Basket Crude oil cannot be derived. Therefore, price of Indian Basket as of 10.09.2015 has been considered.