Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
28-June-2017 10:31 IST
Government of India
Ministry of Petroleum & Natural Gas
28-June-2017 10:31 IST
Global Crude oil price of Indian Basket was US$ 45.42 per bbl on 27.06.2017
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$ 45.42 per barrel (bbl) on 27.06.2017. This was higher than
the price of US$ 44.28* per bbl on previous publishing day of 26.06.2017.
In rupee terms, the price of Indian Basket increased to Rs. 2927.78
per bbl on 27.06.2017 as compared to Rs. 2857.47 per bbl on 26.06.2017. Rupee closed stronger at Rs. 64.46 per
US$ on 27.06.2017 as compared to Rs. 64.54* per
US$ on 26.06.2017. The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price on June 27, 2017 Previous
trading day i.e. 26.06.2017)
|
|
Crude
Oil (Indian Basket)
|
($/bbl)
|
45.42 (44.28*)
|
|
2927.78 (2857.47)
|
||
|
Exchange
Rate
|
64.46
(64.54**)
|
*
Since Oman & Dubai prices were not available due to holiday in Singapore on
26.06.2017, the price of Indian Basket Crude oil could not be derived.
Therefore, price of Indian basket as of 23.06.2017 had been considered.
**
RBI reference rate for 26.06.2017 was not available. Therefore rate of
23.06.2017 had been considered.
RG/SA Daily Crude Oil Price
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