Global crude oil price of Indian Basket was US$ 44.90 per bbl on 22.10.2015

Global crude oil price of Indian Basket was US$ 44.90 per bbl on 22.10.2015 

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$ 44.90 per barrel (bbl) on 22.10.2015. This was lower than the price of US$ 45.24 per bbl on previous publishing day of 21.10.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2925.35 per bbl on 22.10.2015 as compared to Rs 2947.70 per bbl on 21.10.2015. Rupee closed at Rs 65.15 per US$ on 22.10.2015. The table below gives details in this regard:

Particulars	Unit	Price on October 22, 2015(Previous trading day i.e. 21.10.2015)	Pricing Fortnight for 16.10.2015 (Sep 29 to Oct 13, 2015)
Crude Oil (Indian Basket)	($/bbl)	44.90        (45.24)	47.70
	(Rs/bbl	2925.35 (2947.70)	3115.29
Exchange Rate	(Rs/$)	65.15*      (65.15)	65.31

* RBI reference rate for 22.10.2015 is not available. Therefore reference rate of 21.10.2015 has been considered.

Daily Crude Oil Price- 23.10.2015