Global crude oil price of Indian Basket was US$ 80.92 per bbl on 04.11.2014

Global crude oil price of Indian Basket was US$ 80.92 per bbl on 04.11.2014

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$ 80.92 per barrel (bbl) on 04.11.2014. This was lower than the price of US$ 83.80 per bbl on previous publishing day of 31.10.2014.  In rupee terms, the price of Indian Basket decreased to Rs 4969.30 per bbl on 04.11.2014 as compared to Rs 5146.16 per bbl on 31.10.2014. Rupee-dollar exchange rate remained unchanged at Rs 61.41 per US$ on 03.11.2014 as compared to 31.10.2014. The table below gives details in this regard: Particulars Unit Price on Nov 04, 2014 (Previous trading day i.e. 31.10.2014) Pricing Fortnight for 01.11.2014 (Oct 11 to Oct 29, 2014) Crude Oil (Indian Basket) ($/bbl) 80.92              (83.80) 84.77 (Rs/bbl 4969.30           (5146.16) 5198.10 Exchange Rate (Rs/$) 61.41               (61.41) 61.32 *As RBI was closed on 04.11.2014, exchange rate is of 03.11.14   MJPS/Daily Crude oil price- 05.11.2014