Global Crude oil price of Indian Basket was US$ 28.05 per bbl on 27.01.2016

Global Crude oil price of Indian Basket was US$ 28.05 per bbl on 27.01.2016 

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$ 28.05 per barrel (bbl) on 27.01.2016. This was higher than the price of US$ 26.63 per bbl on previous publishing day of 26.01.2016.

In rupee terms, the price of Indian Basket increased to Rs 1907.04 per bbl on 27.01.2016 as compared to Rs 1801.19  per bbl on 26.01.2016. Rupee closed weaker at Rs 67.98 per US$ on 27.01.2016 as against Rs 67.64 per US$ on 26.01.2016. The table below gives details in this regard:

Particulars	Unit	Price on January 27, 2016  (Previous trading day i.e. 26.01.2016)	Pricing Fortnight for 1.02.16 (Dec 30 to Jan 13, 2016)
Crude Oil (Indian Basket)	($/bbl)	28.05                (26.63)	26.05
	(Rs/bbl	1907.04          (1801.19)	1763.06
Exchange Rate	(Rs/$)	67.98           (67.64 )	67.68

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                                              Daily Crude Oil Price- 28.01.2016