Global Crude oil price of Indian Basket was US$ 47.14 per bbl on 26.08.2016


Global Crude oil price of Indian Basket was US$ 47.14 per bbl on 26.08.2016 

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$ 47.14 per barrel (bbl) on 26.08.2016. This was higher than the price of US$ 46.66 per bbl on previous publishing day of 25.08.2016.

In rupee terms, the price of Indian Basket increased to Rs. 3159.50 per bbl on 26.08.2016 as compared to Rs. 3130.32 per bbl on 25.08.2016. Rupee closed stronger at Rs. 67.03 per US$ on 26.08.2016 as against Rs. 67.09 per US$ on 25.08.2016. The table below gives details in this regard:

Particulars   
Unit
Price on June 14,2016
And Previous day price
Pricing Fortnight for 01.06.2016
(12 May, 2016 to May 27, 2016)

Crude Oil (Indian Basket)
($/bbl)
 47.14     (46.66)  
   40.73
(Rs/bbl
  3159.50     (3130.32 ) 
2723.62
Exchange Rate
 (Rs/$)
  67.03          (67.09)
   66.87


Daily Crude Oil Price- 29.08.2016  

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