Global crude oil price of Indian Basket was US$ 46.33 per bbl on 23.09.2015


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$ 46.33 per barrel (bbl) on 23.09.2015. This was higher than the price of US$ 45.06 per bbl on previous publishing day of 22.09.2015.

In rupee terms, the price of Indian Basket increased to Rs 3056.44 per bbl on 23.09.2015 as compared to Rs 2957.23 per bbl on 22.09.2015. Rupee closed weaker at Rs 65.97 per US$ on 23.09.2015 as against Rs 65.63 per US$ on 22.09.2015. The table below gives details in this regard:


Particulars Unit Price on September 23, 2015 (Previous trading day i.e. 22.09.2015) Pricing Fortnight for 16.09.2015

(Aug 28 to Sep 11, 2015)

Crude Oil (Indian Basket) ($/bbl) 46.33              (45.06) 47.42
(Rs/bbl 3056.44          (2957.23) 3147.27
Exchange Rate (Rs/$) 65.97           (65.63) 66.37

 Source: PIB


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