Global crude oil price of Indian Basket was US$ 47.98 per bbl on 18.08.2015
Global crude oil price of Indian Basket was US$ 47.98 per bbl on 18.08.2015
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$ 47.98 per barrel (bbl) on 18.08.2015. This was lower than the price of US$ 48.17 per bbl on previous publishing day of 17.08.2015.
In rupee terms, the price of Indian Basket decreased to Rs 3129.26 per bbl on 18.08.2015 as compared to Rs 3141.65 per bbl on 17.08.2015. Rupee closed at Rs 65.22 per US$ on 17.08.2015. The table below gives details in this regard:
Particulars
|
Unit
|
Price on August 18, 2015 (Previous trading day i.e. 17.08.2015)
|
Pricing Fortnight for 16.08.2015
(July 30 to Aug 12, 2015)
|
Crude Oil (Indian Basket)
|
($/bbl)
|
47.98 (48.17)
|
50.68
|
3129.26 (3141.65)
|
3243.52
| ||
Exchange Rate
|
65.22*
|
64.00
|
* RBI reference rate for 18th August 2015 are not available, therefore rate as of 17th August 2015 has been considered.
Daily Crude Oil Price- 19.08.2015
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