Global crude oil price of Indian Basket was US$ 56.29 per bbl on 17.07.2015

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$ 56.29 per barrel (bbl) on 16.07.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3573.85 per bbl on 17.07.2015 as compared to Rs 3574.42 per bbl on 16.07.2015. Rupee closed stronger at Rs 63.49 per US$ on 17.07.2015 as against Rs 63.50 per US$ on 16.07.2015. The table below gives details in this regard:

Particulars	Unit	Price on July 17, 2015(Previous trading day i.e. 16.07.2015)	Pricing Fortnight for 16.07.2015 (June 27 to July 13, 2015)
Crude Oil (Indian Basket)	($/bbl)	* 56.29	58.69
Crude Oil (Indian Basket)	(Rs/bbl	3573.85 (3574.42)	3730.34
Exchange Rate	(Rs/$)	63.49 (63.50)	63.56

* Since Oman & Dubai prices are not available due to holiday in Singapore on 17.07.2015, the price of Indian Basket Crude oil cannot be derived. Therefore, price of Indian Basket as of 16.07.2015 has been considered.

Daily Crude oil price- 20.07.2015