The international crude oil price of Indian Basket as computed/published by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 60.04 per barrel (bbl) on 03.07.2015. This was lower than the price of US$ 61.18 per bbl on previous publishing. In rupee terms, the price of Indian Basket decreased to Rs 3806.54 per bbl on 03.07.2015 as compared to Rs 3889.21 per bbl on 02.07.2015. Rupee closed stronger at Rs 63.40 per US$ on 03.07.2015 as against Rs 63.57 per US$ on 02.07.2015. The table below gives details in this regard:
| Particulars | Unit | Price on July 03, 2015 (Previous trading day i.e. 02.07.2015) | Pricing Fortnight for 01.07.2015
(June 12 to June 26, 2015) |
| Crude Oil (Indian Basket) | ($/bbl) | 60.04 (61.18) | 61.66 |
| (Rs/bbl | 3806.54 (3889.21) | 3935.76 | |
| Exchange Rate | (Rs/$) | 63.40 (63.57) | 63.83 |