Global crude oil price of Indian Basket was US$ 44.86 per bbl on 21.09.2015


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$ 44.86 per barrel (bbl) on 21.09.2015. This was lower than the price of US$ 45.62 per bbl on previous publishing day of 18.09.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2949.46 per bbl on 21.09.2015 as compared to Rs 3007.60 per bbl on 18.09.2015. Rupee closed stronger at Rs 65.75 per US$ on 21.09.2015 as against Rs 65.93 per US$ on 18.09.2015. The table below gives details in this regard:


Particulars     Unit Price on September 21, 2015 (Previous trading day i.e. 18.09.2015) Pricing Fortnight for 16.09.2015

(Aug 28 to Sep 11, 2015)

Crude Oil (Indian Basket) ($/bbl)               44.86              (45.62)   47.42
(Rs/bbl            2949.46          (3007.60) 3147.27
Exchange Rate   (Rs/$)                65.75           (65.93)     66.37


 Source: PIB


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