Global crude oil price of Indian Basket was US$ 46.67 per bbl on 08.09.2015


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$ 46.67 per barrel (bbl) on 08.09.2015. This was lower than the price of US$ 46.69 per bbl on previous publishing day of 07.09.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3108.69 per bbl on 08.09.2015 as compared to Rs 3116.09 per bbl on 07.09.2015. Rupee closed stronger at Rs 66.61 per US$ on 08.09.2015 as against Rs 66.74 per US$ on 07.09.2015. The table below gives details in this regard:


Particulars Unit Price on September 08, 2015 (Previous trading day i.e. 07.09.2015) Pricing Fortnight for 01.09.2015

(Aug 13 to Aug 27, 2015)

Crude Oil (Indian Basket) ($/bbl) 46.67              (46.69) 46.03
(Rs/bbl 3108.69          (3116.09) 3024.17
Exchange Rate (Rs/$) 66.61              (66.74) 65.70


Source: PIB


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