Global crude oil price of Indian Basket was US$ 45.24 per bbl on 16.01.2015

Global crude oil price of Indian Basket was US$ 45.24 per bbl on 16.01.2015 

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$ 45.24 per barrel (bbl) on 16.01.2015. This was lower than the price of US$ 45.33 per bbl on previous publishing day of 15.01.2015.


In rupee terms, the price of Indian Basket increased to Rs 2799.90 per bbl on 16.01.2015 as compared to Rs 2799.58 per bbl on 15.01.2015. Rupee closed weaker at Rs 61.89 per US$ on 16.01.2015 as against Rs 61.76 per US$ on 15.01.2015.

The table below gives details in this regard:

Daily Crude oil price- 19.01.2015 

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Commerce Minister of Nepal calls on the MoS (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan 

The Hon’ble Commerce Minister of Nepal Shri Sunil Bahadur Thapa alongwith a delegation of ministers called on the Minister of State (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan today. Shri Pradhan assured that LPG will be supplied to Nepal in adequate quantity without interruption. He also agreed to a request for sending an Indian technical team to Nepal to study feasibility of setting up of LPG & Natural gas pipeline infrastructure from India to Nepal. 

The two sides agreed to continue cooperation in all existing areas and explore avenues of cooperation in other possible areas of oil & gas sector.