Global crude oil price of Indian Basket was US$ 61.18 per bbl on 02.07.2015
Global crude oil price of Indian Basket
was US$ 61.18 per bbl on 02.07.2015
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$
61.18 per barrel (bbl) on 02.07.2015. This was lower than the price of US$
61.84 per bbl on previous publishing day of 01.07.2015.
In rupee terms, the price
of Indian Basket decreased to Rs 3889.21 per bbl on 02.07.2015 as
compared to Rs 3934.26 per bbl on 01.07.2015. Rupee closed stronger at Rs 63.57
per US$ on 02.07.2015 as against Rs 63.62 per US$ on 01.07.2015. The table
below gives details in this regard:
|
Particulars
|
Unit
|
Price
on July 02, 2015(Previous trading day i.e. 01.07.2015)
|
Pricing Fortnight for 01.07.2015
(June 12 to June 26, 2015)
|
|
Crude
Oil (Indian Basket)
|
($/bbl)
|
61.18
(61.84)
|
61.66
|
|
(Rs/bbl
|
3889.21 (3934.26)
|
3935.76
|
|
|
Exchange
Rate
|
(Rs/$)
|
63.57
(63.62)
|
63.83
|
Daily Crude oil price-
03.07.2015
*************
Visit of Petroleum Minister Shri Dharmendra Pradhan
to Canada
Minister of State (I/C) Petroleum and
Natural Gas Shri Dharmendra Pradhan is visiting Canada on an official visit
from 3 – 6 July, 2015. During the official visit to Canada, Shri Pradhan will
lead the Indian delegation for bilateral energy dialogue with Government of
Canada. The bilateral energy dialogue covers areas like hydrocarbon, thermal
energy and renewable energy.
On the sideline of the bilateral energy dialogue with his Canadian counterpart in Calgary, Shri Pradhan will also address two business conferences (in Calgary and Vancouver) where CEOs from various companies in energy sector will participate. Canada is a mineral resource rich country. According to estimates Canada has third largest oil reserves in the world and has substantial natural gas reserves. Indian Oil Corporation has invested in LNG project in Canada.
On the sideline of the bilateral energy dialogue with his Canadian counterpart in Calgary, Shri Pradhan will also address two business conferences (in Calgary and Vancouver) where CEOs from various companies in energy sector will participate. Canada is a mineral resource rich country. According to estimates Canada has third largest oil reserves in the world and has substantial natural gas reserves. Indian Oil Corporation has invested in LNG project in Canada.
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