Global Crude oil price of Indian Basket was US$ 37.10 per bbl on 28.03.2016
Global Crude oil price of Indian Basket was US$ 37.10 per bbl on 28.03.2016
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 28.03.2016.
In rupee terms, the
price of Indian Basket decreased to Rs 2473.36 per bbl on 28.03.2016 as
compared to Rs 2480.63 per bbl on 25.03.2016. Rupee
closed at Rs 66.67 per US$ on 28.03.2016. The table below
gives details in this regard:
|
Particulars
|
Unit
|
Price on March
28, 2016
(Previous
trading day i.e. 25.03.2016)
|
Pricing
Fortnight for 16.03.2016
(26 Feb to 11 Mar,
2016)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
37.10*
|
34.82
|
|
2473.36 (2480.63)
|
2356.62
|
||
|
Exchange Rate
|
66.67
|
67.68
|
*Due to holiday
in UK on 28.03.2016, the quotes for Brent are not available. Since Brent prices
are not available, the price of Indian Basket Crude oil cannot be derived also
Brent, Oman & Dubai prices are not available due to holiday on 25.03.2016,
the price of Indian Basket Crude oil cannot be derived. Therefore, price of
Indian Basket as of 24.03.2016 has been considered.
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