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$ 53.95 per barrel (bbl) on 12.01.2017. This was higher than the price of US$ 52.56 per bbl on previous publishing day of 11.01.2017.
In rupee terms, the price of Indian Basket increased to Rs. 3673.26 per bbl on 12.01.2017 as compared to Rs. 3586.13 per bbl on 11.01.2017. Rupee closed stronger atRs.68.09 per US$ on 12.01.2017 as compared to Rs. 68.23per US$ on 11.01.2017. The table below gives details in this regard:
Particulars | Unit | Price on January 12, 2017 (Previous trading day i.e. 11.01.2017) | Pricing Fortnight for 01.01.2017 (Dec 14, 2016 to Dec 28, 2016) |
Crude Oil (Indian Basket) | ($/bbl) | 53.95 (52.56) | 53.05 |
(Rs/bbl | 3673.26 (3586.13) | 3599.97 | |
Exchange Rate | (Rs/$) | 68.09 (68.23) | 67.86 |
RG/RK/SA/Daily Crude Oil Price
Ministry of Petroleum and Natural Gas of the Republic of India published this content on 13 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 January 2017 05:45:01 UTC.
Original documenthttp://pib.nic.in/newsite/PrintRelease.aspx?relid=157312
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