Global Crude oil price of Indian Basket was US$ 44.59 per bbl on 02.05.2016
Global Crude oil price of Indian Basket was US$ 44.59 per bbl on 02.05.2016
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$ 44.59 per barrel (bbl) on 02.05.2016. This was higher than
the price of US$ 43.86 per bbl on previous publishing day of 28.04.2016.
In
rupee terms, the price of Indian Basket decreased to Rs. 2958.23 per bbl on 02.05.2016
as compared to Rs. 2965.99 per bbl on 29.04.2016. Rupee
closed stronger at Rs 66.34 per US$ on 02.05.2016 as against Rs 66.52 per
US$ on 29.04.2016. The table below gives details in this regard:
Particulars
|
Unit
|
Price
on May 02, 2016
(Previous trading day i.e. 29.04.2016)
|
Pricing
Fortnight for 01.05.2016
(13
Apr to 27 Apr, 2016)
|
Crude Oil (Indian
Basket)
|
($/bbl)
|
44.59* (44.59)
|
41.08
|
2958.23 (2965.99)
|
2732.23
|
||
Exchange Rate
|
66.34 (66.52)
|
66.51
|
* Since Brent, Oman &
Dubai prices are not available due to holiday on 02.05.2016, the price of
Indian Basket Crude oil cannot be derived. Therefore, price of Indian basket as
of 29.04.2016 has been considered.
Daily Crude Oil Price-
03.05.2016
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