Global Crude oil price of Indian Basket was US$ 54.55 per bbl on 11.04.2017



Global Crude oil price of Indian Basket was US$ 54.55 per bbl on 11.04.2017

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$ 54.55 per barrel (bbl) on 11.04.2017. This was higher than the price of US$ 54.35 per bbl on previous publishing day of 10.04.2017.

In rupee terms, the price of Indian Basket increased to Rs.3520.72 per bbl on 11.04.2017 as compared to Rs. 3502.64 per bbl on 10.04.2017. Rupee closed weaker at Rs. 64.54 per US$ on 11.04.2017 as compared to Rs. 64.44 per US$ on 10.04.2017. The table below gives details in this regard:

Particulars    
Unit
Price on April 11, 2017 (Previous trading day i.e. 10.04.2017)                                                                
Pricing Fortnight for 01.04.2017
(March 13, 2017 to March 29, 2017)
Crude Oil (Indian Basket)
($/bbl)
                  54.55             (54.35)       
50.06
(Rs/bbl
                 3520.72        (3502.64)       
3275.43
Exchange Rate
  (Rs/$)
                  64.54              (64.44)
65.43

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