Global crude oil price of Indian Basket was US$ 58.51 per bbl on 04.03.2015

Global crude oil price of Indian Basket was US$ 58.51 per bbl on 04.03.2015

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$ 58.51 per barrel (bbl) on 04.03.2015. This was lower than the price of US$ 58.84 per bbl on previous publishing day of 03.03.2015. In rupee terms, the price of Indian Basket decreased to Rs 3618.84 per bbl on 04.03.2015 as compared to Rs 3638.67 per bbl on 03.03.2015. Rupee closed weaker at Rs 61.85 per US$ on 04.03.2015 as against Rs 61.84 per US$ on 03.03.2015.  The table below gives details in this regard: Daily Crude oil price- 05.03.2015