Global Crude oil price of Indian Basket was US$ 49.72 per bbl on 14.03.2017
Global Crude oil price of Indian Basket was US$ 49.72 per bbl on 14.03.2017
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$ 49.72 per barrel (bbl) on 14.03.2017. This was lower than the price of US$ 50.09
per bbl on previous publishing day of 13.03.2017.
In rupee
terms, the price of Indian Basket decreased to Rs. 3290.23 per bbl on 14.03.2017
as compared to Rs. 3340.61 per bbl on 13.03.2017. Rupee closed stronger at Rs. 66.18 per
US$ on 14.03.2017 as compared to Rs. 66.69* per
US$ on 13.03.2017. The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price
on March 14, 2017 (Previous trading day i.e. 13.03.2017)
|
Pricing
Fortnight for 01.03.2017
(Feb
14, 2017 to Feb 24, 2017)
|
|
Crude Oil (Indian
Basket)
|
($/bbl)
|
49.72 (50.09)
|
54.93
|
|
3290.23 (3340.61)
|
3677.56
|
||
|
Exchange Rate
|
66.18 (66.69*)
|
66.95
|
* RBI reference rate for
13.03.2017 was not available. Therefore reference rate of 10.03.2017 had been
considered.
Post a Comment