Global crude oil price of Indian Basket was US$ 69.08 per bbl on 03.12.2014





Global crude oil price of Indian Basket was US$ 69.08 per bbl on 03.12.2014

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$ 69.08 per barrel (bbl) on 03.12.2014. This was lower than the price of US$ 70.08 per bbl on previous publishing day of 02.12.2014.


In rupee terms, the price of Indian Basket decreased to Rs 4275.36 per bbl on 03.12.2014 as compared to Rs 4340.05 per bbl on 02.12.2014. Rupee closed stronger at Rs 61.89 per US$ on 03.12.2014 as against Rs 61.93 per US$ on 02.12.2014.

The table below gives details in this regard:
Particulars
Unit
Price on Dec 03, 2014 (Previous trading day i.e. 02.12.2014)
Pricing Fortnight for 01.12.2014
(Nov 13 to Nov 26, 2014)
Crude Oil (Indian Basket)
($/bbl)
69.08              (70.08)
76.43
(Rs/bbl
4275.36           (4340.05)
4723.37
Exchange Rate
(Rs/$)
61.89               (61.93)
61.80

                                                            

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