Global crude oil price of Indian Basket was US$ 50.63 per bbl on 03.08.2015



Global crude oil price of Indian Basket was US$ 50.63 per bbl on 03.08.2015
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$ 50.63 per barrel (bbl) on 03.04.2015. This was lower than the price of US$ 52.98 per bbl on previous publishing day of 31.07.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3238.29 per bbl on 03.04.2015 as compared to Rs 3391.25 per bbl on 31.07.2015. Rupee closed stronger at Rs 63.96 per US$ on 03.08.2015 as against Rs 64.01 per US$ on 31.07.2015. The table below gives details in this regard:

Particulars
Unit
Price on August 03, 2015(Previous trading day i.e. 31.07.2015)
Pricing Fortnight for 01.08.2015
(July 14 to July 29, 2015)
Crude Oil (Indian Basket)
($/bbl)
50.63            (52.98)
55.15
(Rs/bbl
3238.29        (3391.25)
3511.95
Exchange Rate
(Rs/$)
63.96            (64.01)
63.68


                                      Daily Crude Oil Price- 04.08.2015      

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