Global crude oil price of Indian Basket was US$ 67.72 per bbl on 01.12.2014





Global crude oil price of Indian Basket was US$ 67.72 per bbl on 01.12.2014
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$ 67.72 per barrel (bbl) on 01.12.2014. This was lower than the price of US$ 70.29 per bbl on previous publishing day of 28.11.2014.


In rupee terms, the price of Indian Basket decreased to Rs 4208.12 per bbl on 01.12.2014 as compared to Rs 4355.87 per bbl on 28.11.2014. Rupee closed weaker at Rs 62.14 per US$ on 01.12.2014 as against Rs 61.97 per US$ on 28.11.2014. 

The table below gives details in this regard:

Particulars
Unit
Price on Dec 01, 2014 (Previous trading day i.e. 28.11.2014)
Pricing Fortnight for 01.12.2014
(Nov 13 to Nov 26, 2014)
Crude Oil (Indian Basket)
($/bbl)
67.72              (70.29)
76.43
(Rs/bbl
4208.12           (4355.87)
4723.37
Exchange Rate
(Rs/$)
62.14               (61.97)
61.80

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