Posted on 10 Jan, 2017 12:56 pm

 

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$ 54.64 per barrel (bbl) on 09.01.2017. This was lower than the price of US$ 55.06 per bbl on previous publishing day of 06.01.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3725.39 per bbl on 09.01.2017 as compared to Rs. 3741.64 per bbl on 06.01.2017. Rupee closed weaker at Rs. 68.19 per US$ on 09.01.2017 as compared to Rs. 67.95 per US$ on 06.01.2017. The table below gives details in this regard:

 

Particulars   

Unit

Price on January 09, 2017 (Previous trading day i.e. 06.01.2017)                                                                  

Pricing Fortnight for 01.01.2017

(Dec 14, 2016 to Dec 28, 2016)

Crude Oil (Indian Basket)

($/bbl)

                  54.64              (55.06)        

53.05

(Rs/bbl

                 3725.39       (3741.64)       

3599.97

Exchange Rate

  (Rs/$)

                  68.19              (67.95)

   67.86

 

 

Courtesy – Press Information Bureau, Government of Indi