Global crude oil price of Indian Basket was US$ 63.01 per bbl

Ministry of petroleum
Ministry of petroleum

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$ 63.01 per barrel (bbl) on 19.05.2015. This was lower than the price of US$ 64.79 per bbl on previous publishing day of 18.05.2015. In rupee terms, the price of Indian Basket decreased to Rs 4013.11 per bbl on 19.05.2015 as compared to Rs 4117.40 per bbl on 18.05.2015. Rupee closed weaker at Rs 63.69 per US$ on 19.05.2015 as against Rs 63.55 per US$ on 18.05.2015. The table below gives details in this regard:


Particulars     Unit Price on May 19, 2015 (Previous trading day i.e. 18.05.2015) Pricing Fortnight for 16.05.2015

(April 29 to May 13, 2015)

Crude Oil (Indian Basket) ($/bbl) 63.01              (64.79) 64.51
(Rs/bbl 4013.11          (4117.40) 4115.09
Exchange Rate (Rs/$) 63.69              (63.55) 63.79


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