Global crude oil price of Indian Basket was US$ 62.65 per bbl

Ministry of petroleum
Ministry of petroleum

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$ 62.65 per barrel (bbl) on 20.05.2015. This was lower than the price of US$ 63.01 per bbl on previous publishing day of 19.05.2015. In rupee terms, the price of Indian Basket decreased to Rs 4001.46 per bbl on 20.05.2015 as compared to Rs 4013.11 per bbl on 19.05.2015. Rupee closed weaker at Rs 63.87 per US$ on 20.05.2015 as against Rs 63.69 per US$ on 19.05.2015. The table below gives details in this regard:


Particulars Unit Price on May 20, 2015(Previous trading day i.e. 19.05.2015) Pricing Fortnight for 16.05.2015

(April 29 to May 13, 2015)

Crude Oil (Indian Basket) ($/bbl) 62.65              (63.01) 64.51
(Rs/bbl 4001.46          (4013.11) 4115.09
Exchange Rate (Rs/$) 63.87              (63.69) 63.79


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