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Global crude oil price of Indian Basket was US$ 43.36 per bbl

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$ 43.36 per barrel (bbl) on 14.01.2015. This was lower than the price of US$ 43.48 per bbl on previous publishing day of 13.01.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2694.82 per bbl on 14.01.2015 as compared to Rs 2700.11 per bbl on 13.01.2015. Rupee closed weaker at Rs 62.15 per US$ on 14.01.2015 as against Rs 62.10 per US$ on 13.01.2015.

The table below gives details in this regard:

Particulars   Unit Price on Jan 14, 2015 (Previous trading day i.e. 13.01.2015)                                                                 Pricing Fortnight for 01.01.2015(Dec 12 to Dec 29, 2014)
Crude Oil (Indian Basket) ($/bbl) 43.36(43.48) 58.12
(Rs/bbl 2694.82(2700.11) 3676.67
Exchange Rate   (Rs/$) 62.15(62.10) 63.26

  MJPS/Rk/Daily Crude oil price- 15.01.2015 

(Release ID :114647)