Global Crude oil price of Indian Basket was US$ 48.10 per bbl on 03.10.2016
Global Crude oil price of Indian Basket was US$ 48.10 per bbl on 03.10.2016
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$ 48.10 per barrel (bbl) on 03.10.2016. This was higher than the price of US$ 46.22 per bbl on previous publishing day of 30.09.2016.
In rupee terms, the price of Indian Basket increased to Rs. 3200.41 per bbl on 03.10.2016 as compared to Rs. 3081.14 per bbl on 30.09.2016. Rupee closed stronger at Rs. 66.53 per US$ on 03.10.2016 as against Rs. 66.66 per US$ on 30.09.2016. The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on October 03,
2016
(Previous
trading day i.e. 30.09.2016)
|
Pricing
Fortnight for 01.10.2016
(Sep 14,
2016 to
Sep 28,
2016)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
48.10 (46.22)
|
43.95
|
|
3200.41
(3081.14)
|
2936.30
|
||
|
Exchange Rate
|
66.53
(66.66)
|
66.81
|
Daily Crude Oil Price- 04.10.2016

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