Global Crude oil price of Indian Basket was US$ 40.66 per bbl on 02.12.2015

Global Crude oil price of Indian Basket was US$ 40.66 per bbl on 02.12.2015

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$ 40.66 per barrel (bbl) on 02.12.2015. This was lower than the price of US$ 41.48 per bbl on previous publishing day of 01.12.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2708.49 per bbl on 02.12.2015 as compared to Rs 2759.02 per bbl on 01.12.2015. Rupee closed weaker at Rs 66.62 per US$ on 02.12.2015 as against Rs 66.52 per US$ on 01.12.2015. The table below gives details in this regard:

Particulars	Unit	Price on December 02, 2015 (Previous trading day i.e. 01.12.2015)	Pricing Fortnight for 01.12.2015 (Nov 11 to Nov 26, 2015)
Crude Oil (Indian Basket)	($/bbl)	40.66             (41.48)	41.17
	(Rs/bbl	2708.49         (2759.02)	2725.87
Exchange Rate	(Rs/$)	66.62             (66.52)	66.21

                                                     Daily Crude Oil Price- 03.12.2015