Global crude oil price of Indian Basket was US$ 46.33 per bbl on 24.09.2015


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 24.09.2015. Since Oman and Dubai prices are not available due to holiday in Singapore on 24/9/15,the price of Indian basket as of 23/9/15 has been considered.

In rupee terms, the price of Indian Basket increased to Rs 3062.44 per bbl on 24.09.2015 as compared to Rs 3056.44 per bbl on 23.09.2015. Rupee closed weaker at Rs 66.10 per US$ on 24.09.2015 as against Rs 65.97 per US$ on 23.09.2015. The table below gives details in this regard:


Particulars       Unit Price on September 24, 2015 (Previous trading day i.e. 23.09.2015) Pricing Fortnight for 16.09.2015

(Aug 28 to Sep 11, 2015)

Crude Oil (Indian Basket) ($/bbl)               46.33              (46.33)   47.42
(Rs/bbl            3062.44          (3056.44) 3147.27
Exchange Rate   (Rs/$)                66.10          (65.97)     66.37

crude oil

Source: PIB


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