Global Crude oil price of Indian Basket was US$ 50.76 per bbl on 16.03.2017
Global Crude oil price of Indian Basket was US$ 50.76 per bbl on 16.03.2017
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$ 50.76 per barrel (bbl) on 16.03.2017. This was higher than
the price of US$ 50.25per bbl on previous publishing day of 15.03.2017.
In rupee terms, the price of Indian Basket increased to Rs. 3318.91
per bbl on 16.03.2017 as compared to Rs. 3292.37 per bbl on 15.03.2017. Rupee closed stronger at Rs. 65.38 per
US$ on 16.03.2017 as compared to Rs. 65.51 per
US$ on 15.03.2017. The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price
on March 16, 2017 (Previous trading day i.e. 15.03.2017)
|
Pricing
Fortnight for 16.03.2017
(Feb
25, 2017 to March 13, 2017)
|
|
Crude Oil (Indian
Basket)
|
($/bbl)
|
50.76 (50.25)
|
53.70
|
|
3318.91 (3292.37)
|
3583.94
|
||
|
Exchange Rate
|
65.38 (65.51)
|
66.74
|
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