Global crude oil price of Indian Basket was US$ 64.45 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$ 64.45 per barrel (bbl) on 15.05.2015. This was lower than the price of US$ 64.88 per bbl on previous publishing day of 14.05.2015. In rupee terms, the price of Indian Basket decreased to Rs 4097.73 per bbl on 15.05.2015 as compared to Rs 4141.94 per bbl on 14.05.2015. Rupee closed stronger at Rs 63.58 per US$ on 15.05.2015 as against Rs 63.84 per US$ on 14.05.2015. The table below gives details in this regard:

Particulars Unit Price on May 15, 2015(Previous trading day i.e. 14.05.2015) Pricing Fortnight for 16.05.2015(April 29 to May 13, 2015)
Crude Oil (Indian Basket) ($/bbl) 64.45              (64.88) 64.51
(Rs/bbl 4097.73          (4141.94) 4115.09
Exchange Rate (Rs/$) 63.58              (63.84) 63.79



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