Global crude oil price of Indian Basket was US$ 80.78 per bbl on 07.11.2014

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$ 80.78 per barrel (bbl) on 07.11.2014. This was higher than the price of US$ 80.46 per bbl on previous publishing day of 06.11.2014.

In rupee terms, the price of Indian Basket increased to Rs 4969.59 per bbl on 07.11.2014 as compared to Rs 4939.44 per bbl on 06.11.2014. Rupee closed weaker at Rs 61.52 per US$ on 07.11.2014 as against Rs 61.39 per US$ on 05.11.2014.

The table below gives details in this regard:

Particulars	Unit	Price on Nov 07, 2014 (Previous trading day i.e. 06.10.2014)	Pricing Fortnight for 01.11.2014 (Oct 11 to Oct 29, 2014)
Crude Oil (Indian Basket)	($/bbl)	80.78 (80.46)	84.77
Crude Oil (Indian Basket)	(Rs/bbl	4969.59 (4939.44)	5198.10
Exchange Rate	(Rs/$)	61.52 (61.39)	61.32