Global Crude oil price of Indian Basket was US$ 43.49 per bbl on 16.09.2016

Global Crude oil price of Indian Basket was US$ 43.49 per bbl on 16.09.2016

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$ 43.49 per barrel (bbl) on 16.09.2016. This was more than the price of US$ 43.39 per bbl on previous publishing day of 15.09.2016.

In rupee terms, the price of Indian Basket increased to Rs. 2908.59 per bbl on 16.09.2016 as compared to Rs. 2907.96 per bbl on 15.09.2016. Rupee closed stronger at Rs. 66.88 per US$ on 16.09.2016 as against Rs.67.02 per US$ on 15.09.2016.. The table below gives details in this regard:

Particulars     
Unit
Price on September 08, 2016 
(Previous trading day i.e. 15.09.2016)                                                                  
Pricing Fortnight for 01.09.2016
(Aug 30, 2016 to Sept 13, 2016)
Crude Oil (Indian Basket)
($/bbl)
  43.49              (44.39)
   45.03
(Rs/bbl
  2908.59        (2907.96)
3005.40
Exchange Rate
  (Rs/$)
 67.02             (66.88)
66.74


Daily Crude Oil Price-19.09.2016      

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