Global Crude oil price of Indian Basket was US$ 33.39 per bbl on 03.03.2016
Global
Crude oil price of Indian Basket was US$ 33.39 per bbl on 03.03.2016
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$ 33.39 per barrel (bbl) on 03.03.2016. This
was lower than the price of US$ 33.52 per bbl on previous publishing day of
02.03.2016.
In rupee terms, the price of Indian Basket decreased to Rs 2250.05 per
bbl on 03.03.2016 as compared to Rs 2269.60 per bbl on 02.03.2016. Rupee closed stronger at Rs
67.38 per US$ on 03.03.2016 as against Rs 67.70 per US$ on 02.03.2016. The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on March 03, 2016
(Previous trading day i.e.
02.03.2016)
|
Pricing Fortnight for
01.03.2016
(12 Feb to 25 Feb, 2016)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
33.39 (33.52)
|
30.61
|
|
(Rs/bbl
|
2250.05 (2269.60)
|
2096.17
|
|
|
Exchange Rate
|
(Rs/$)
|
67.38 (67.70)
|
68.48
|
Daily
Crude Oil Price- 04.03.2016

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