Global Crude oil price of Indian Basket was US$ 28.34 per bbl on 12.02.2016
Global Crude oil price of Indian Basket was US$
28.34 per bbl on 12.02.2016
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$ 28.34 per
barrel (bbl) on 12.02.2016. This was higher than the price of US$ 26.95 per bbl
on previous publishing day of 11.02.2016.
In rupee terms, the price of Indian
Basket increased to Rs 1939.52 per bbl on 12.02.2016 as compared to Rs 1833.30
per bbl on 11.02.2016. Rupee closed weaker at Rs 68.44
per US$ on 12.02.2016 as against Rs 68.02 per US$ on 11.02.2016. The table
below gives details in this regard:
Particulars
|
Unit
|
Price on
February 12, 2016
(Previous
trading day i.e. 11.02.2016)
|
Pricing Fortnight for 01.02.2016
(14 Jan to 27 Jan, 2016)
|
Crude Oil (Indian Basket)
|
($/bbl)
|
28.34 (26.95)
|
26.05
|
(Rs/bbl
|
1939.52
(1833.30)
|
1763.06
|
|
Exchange Rate
|
(Rs/$)
|
68.44
(68.02)
|
67.68
|
Daily Crude Oil Price-
15.02.2016
*********************
Petroleum &
Natural Gas Minister Shri Dharmendra Pradhan To participate in the Make in
India Conference today
The Minister of State
(I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan will participate
in the Make in India Conference cum Exhibition in Mumbai today. During the
event, Ministry of Petroleum & Natural gas will showcase its efforts to contribute
towards Make in India initiative.
Petroleum sector is
one of the 25 priority sectors identified under Make in India initiative. The
sector has huge potential to promote manufacturing in India in the ancillary
and service industries which cater to the petroleum industry. Ministry of
Petroleum & Natural Gas has taken several important steps towards promoting
Make in India.
The Minister will be
accompanied by senior officials from MoPNG and PSUs under the administrative
control of MoPNG.
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