Posted on 02 Jun, 2016 11:32 am

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$ 46.38 per barrel (bbl) on 01.06.2016. This was lower than the price of US$ 46.88 per bbl on previous publishing day of 31.05.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3124.10 per bbl on 01.06.2016 as compared to Rs. 3150.67 per bbl on 31.05.2016. Rupee closed weaker at Rs 67.35 per US$ on 01.06.2016 as against Rs 67.20 per US$ on 31.05.2016. The table below gives details in this regard:

 

Particulars     

Unit

Price on June 1, 2016 (Previous trading day i.e. 31.05.2016)                                                                  

Pricing Fortnight for 16.06.2016

Crude Oil (Indian Basket)

($/bbl)

                        46.38             (46.88)         

   46.88

(Rs/bbl

                      3124.10       (3150.67)       

3153.62

Exchange Rate

  (Rs/$)

                        67.35             (67.20)

   67.27

 

 

 

YKB/RG/NV/Daily Crude Oil Price- 02.06.2016   

Courtesy – Press Information Bureau, Government of India

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