Global crude oil price of Indian Basket was US$ 63.46 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$ 63.46 per barrel (bbl) on 21.05.2015. This was higher than the price of US$ 62.65 per bbl on previous publishing day of 20.05.2015. In rupee terms, the price of Indian Basket increased to Rs 4042.40 per bbl on 21.05.2015 as compared to Rs 4001.46 per bbl on 20.05.2015. Rupee closed stronger at Rs 63.70 per US$ on 21.05.2015 as against Rs 63.87 per US$ on 20.05.2015. The table below gives details in this regard:


Particulars     Unit Price on May 21, 2015 (Previous trading day i.e. 20.05.2015) Pricing Fortnight for 16.05.2015

(April 29 to May 13, 2015)

Crude Oil (Indian Basket) ($/bbl) 63.46              (62.65) 64.51
(Rs/bbl 4042.40          (4001.46) 4115.09
Exchange Rate (Rs/$) 63.70              (63.87) 63.79


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