Global crude oil price of Indian Basket was US$ 54.45 per bbl on 02.01.2015




Global crude oil price of Indian Basket was US$ 54.45 per bbl on 02.01.2015

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$ 54.45 per barrel (bbl) on 02.01.2015. This was higher than the price of US$ 53.53 per bbl on previous publishing day of 01.01.2015.


In rupee terms, the price of Indian Basket increased to Rs 3446.14 per bbl on 02.01.2015 as compared to Rs 3389.52 per bbl on 01.01.2015. Rupee closed stronger at Rs 63.29 per US$ on 02.01.2015 as against Rs 63.32 per US$ on 01.01.2015.

The table below gives details in this regard:



Daily Crude oil price- 05.01.2015     

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The Minister of State for Petroleum and Natural Gas (Independent Charge), Shri Dharmendra Pradhan at the launch of the 5 KG LPG cylinders for the BPL families, in Bhubaneswar on January 05, 2015.

Launch of 5 Kg LPG cylinders for BPL families

The Minister of State (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan, launched sale of 5 Kg cylinder for the benefit of BPL families and others in Bhubaneswar today. Speaking on the occasion, the Minister said LPG is a cleaner fuel and helps in creating better and smoke less cooking environment. He said this will greatly benefit women of the households especially from their health point of view.

The Minister of State for Petroleum and Natural Gas (Independent Charge), Shri Dharmendra Pradhan addressing at the launch of the 5 KG LPG cylinders for the BPL families, in Bhubaneswar on January 05, 2015.

Shri Pradhan, launched the expanded corporate social responsibility (CSR) scheme to cover BPL families living in urban areas. Under the scheme, as approved by the Minister, all BPL families will be getting LPG connection without payment of security deposit for cylinder and pressure regulator.

Shri Pradhan, urged the people to take benefit of the scheme which is available upto 31/03/2015. The scheme will benefit BPL families in urban areas by making a clean fuel affordable and accessible.

On the occasion, the Minister handed over necessary documents to beneficiaries of the scheme.

The Minister of State for Petroleum and Natural Gas (Independent Charge), Shri Dharmendra Pradhan launching the 5 KG LPG cylinders for the BPL families, in Bhubaneswar on January 05, 2015.

Shri Pradhan, also launched the sale of 5Kg cylinders under free trade LPG (FTL) to cater to the LPG requirements for all sections of society including economically weaker families, Students and Migrant labourers etc who do not have proof of address due to acquiring residence on temporary basis. Such people can buy 5 Kg LPG cylinder at market price. To begin with 5 Kg LPG cylinders under FTL scheme could be available at 9 retail outlets in Bhubaneswar, 4 retail outlets in Cuttack. Subsequently the sale of cylinder under FTL scheme is proposed at various locations of Udyan Fresh outlets in Bhubaneswar.


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