Global Crude oil price of Indian Basket was US$ 50.36 per bbl on 02.05.2017



Global Crude oil price of Indian Basket was US$ 50.36 per bbl on 02.05.2017 

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$ 50.36 per barrel (bbl) on 02.05.2017.

In rupee terms, the price of Indian Basket was Rs. 3233.78 per bbl on 02.05.2017. Rupee closed at Rs. 64.21 per US$ on 02.05.2017. The table below gives details in this regard:

Particulars    
Unit
Price on May 02, 2017
Pricing Fortnight for 01.05.2017
(April 12, 2017 to April 26, 2017)
Crude Oil (Indian Basket)
($/bbl)
50.36
52.36
(Rs/bbl)
3233.78
3374.60
Exchange Rate
  (Rs/$)
64.21
64.45


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