Global crude oil price of Indian Basket was US$ 42.97 per bbl on 24.08.2015

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$ 42.97 per barrel (bbl) on 24.08.2015. This was lower than the price of US$ 45.21 per bbl on previous publishing day of 21.08.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2857.93 per bbl on 24.08.2015 as compared to Rs 2976.17 per bbl on 21.08.2015. Rupee closed weaker at Rs 66.51 per US$ on 24.08.2015 as against Rs 65.83 per US$ on 21.08.2015. The table below gives details in this regard:

Particulars	Unit	Price on August 24, 2015(Previous trading day i.e. 21.08.2015)	Pricing Fortnight for 16.08.2015 (July 30 to Aug 12, 2015)
Crude Oil (Indian Basket)	($/bbl)	42.97 (45.21)	50.68
Crude Oil (Indian Basket)	(Rs/bbl	2857.93 (2976.17)	3243.52
Exchange Rate	(Rs/$)	66.51 (65.83)	64.00