Global crude oil price of Indian Basket was US$ 62.40 per bbl on 11.12.2014

Global crude oil price of Indian Basket was US$ 62.40 per bbl on 11.12.2014

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$ 62.40 per barrel (bbl) on 11.12.2014. This was lower than the price of US$ 63.16 per bbl on previous publishing day of 10.12.2014.


In rupee terms, the price of Indian Basket decreased to Rs 3881.90 per bbl on 11.12.2014 as compared to Rs 3912.76 per bbl on 10.12.2014. Rupee closed weaker at Rs 62.21 per US$ on 11.12.2014 as against Rs 61.95 per US$ on 10.12.2014.

The table below gives details in this regard:

Particulars	Unit	Price on Dec 11, 2014 (Previous trading day i.e. 10.12.2014)	Pricing Fortnight for 01.12.2014 (Nov 13 to Nov 26, 2014)
Crude Oil (Indian Basket)	($/bbl)	62.40              (63.16)	76.43
	(Rs/bbl	3881.90           (3912.76)	4723.37
Exchange Rate	(Rs/$)	62.21               (61.95)	61.80