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$ 49.06 per barrel (bbl) on 17.08.2017. This was lower than the price of US$ 49.80 per bbl on previous publishing day of 16.08.2017.
In rupee terms, the price of Indian Basket decreased to Rs. 3151.91 per bbl on 17.08.2017 as compared to Rs. 3199.45 per bbl on 16.08.2017. Rupee closed at Rs. 64.24* per US$ on 17.08.2017. The table below gives details in this regard:
Particulars | Unit | Price on August 17, 2017Previous trading day i.e. (16.08.2017) |
Crude Oil (Indian Basket) | ($/bbl) | 49.06 (49.80) |
(Rs/bbl) | 3151.91 (3199.45) | |
Exchange Rate | (Rs/$) | 64.24* |
* RBI reference rate for 1
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