Global Crude oil price of Indian Basket was US$ 53.95 per bbl on 12.01.2017
Global Crude oil price of Indian Basket was US$ 53.95 per bbl on 12.01.2017
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$ 53.95 per barrel (bbl) on
12.01.2017. This was higher than the price of US$ 52.56 per bbl on
previous publishing day of 11.01.2017.
In
rupee terms, the price of Indian Basket increased to Rs. 3673.26 per
bbl on 12.01.2017 as compared to Rs. 3586.13 per bbl on 11.01.2017. Rupee closed stronger at Rs. 68.09 per US$ on 12.01.2017 as compared to Rs. 68.23 per US$ on 11.01.2017. The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on January 12, 2017 (Previous trading day i.e. 11.01.2017)
|
Pricing Fortnight for 01.01.2017
(Dec 14, 2016 to Dec 28, 2016)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
53.95 (52.56)
|
53.05
|
|
3673.26 (3586.13)
|
3599.97
|
||
|
Exchange Rate
|
68.09 (68.23)
|
67.86
|
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