Global Crude oil price of Indian Basket was US$ 37.10 per bbl on 25.03.2016
Global Crude oil price of Indian Basket was US$ 37.10 per bbl on 25.03.2016
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$ 37.10 per barrel (bbl) on 25.03.2016. This was lower than
the price of US$ 38.15 per bbl on 23.03.2016.
In rupee terms, the
price of Indian Basket decreased to Rs 2480.63 per bbl on 25.03.2016 as
compared to Rs 2550.80 per bbl on 23.03.2016. Rupee
closed at Rs 66.86 per US$ on 23.03.2016. (RBI reference rate
for 24.03.2016 and 25.03.2016 are not available. Therefore, reference rate of
23.03.2016 has been considered.) The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price on March
25, 2016 (Previous
trading day i.e. 23.03.2016)
|
Pricing
Fortnight for 16.03.2016
(26 Feb to 11 Mar,
2016)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
37.10 (38.15)
|
34.82
|
|
2480.63 (2550.80)
|
2356.62
|
||
|
Exchange Rate
|
66.86
|
67.68
|
Daily Crude Oil Price- 28.03.2016
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