Global crude oil price of Indian Basket decreased marginally to US$ 109.55 per bbl on 01.07.2014
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 went down to US$ 109.55 per barrel (bbl) on 01.07.2014. This was lower than the price of US$ 109.75 per bbl on previous publishing day of 30.06.2014.
In rupee terms, the price of Indian Basket decreased to Rs 6588.34 per bbl on 01.07.2014 as compared to Rs 6594.88 per bbl on 30.06.2014. Rupee closed weaker at Rs 60.14 per US$ on 01.07.2014 as against Rs 60.09 per US$ on 30.06.2014.
The table below gives details in this regard:
| Particulars | Unit | Price on July 01, 2014(Previous trading day i.e. 30.06.2014) | Pricing Fortnight for 01.07.2014( June 12 to 26, 2014) |
| Crude Oil (Indian Basket) | ($/bbl) | 109.55 (109.75) | 110.82 |
| (Rs/bbl | 6588.34 (6594.88) | 6652.52 | |
| Exchange Rate | (Rs/$) | 60.14 (60.09) | 60.03 |
YKB/Daily Crude oil price- 02.07.2014
