Global Crude oil price of Indian Basket was US$ 47.36 per bbl on 18.07.2017

Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
19-July-2017 12:01 IST

Global Crude oil price of Indian Basket was US$ 47.36 per bbl on 18.07.2017

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$ 47.36 per barrel (bbl) on 18.07.2017. This was lower than the price of US$ 47.81 per bbl on previous publishing day of 17.07.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3046.92 per bbl on 18.07.2017 as compared to Rs. 3077.12 per bbl on 17.07.2017. Rupee closed stronger at Rs. 64.33 per US$ on 18.07.2017 as compared to Rs. 64.37 per US$ on 17.07.2017. The table below gives details in this regard:

Particulars	Unit	Price on July 18, 2017 Previous trading day i.e. 17.07.2017)
Crude Oil (Indian Basket)	($/bbl)	47.36               (47.81)
	(Rs/bbl)	3046.92           (3077.12)
Exchange Rate	(Rs/$)	64.33               (64.37)

RG/SA Daily Crude Oil Price