Global Crude oil price of Indian Basket was US$ 54.82 per bbl on 02.03.2017
Global Crude oil price of Indian Basket was US$ 54.82 per bbl on 02.03.2017
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$ 54.82 per barrel (bbl) on 02.03.2017. This was lower than
the price of US$ 55.33 per bbl on previous publishing day of 01.03.2017.
In rupee terms, the price of Indian Basket decreased to Rs. 3658.54
per bbl on 02.03.2017 as compared to Rs. 3698.40 per bbl on 01.03.2017. Rupee closed stronger at Rs. 66.74 per
US$ on 02.03.2017 as compared to Rs. 66.85 per
US$ on 01.03.2017. The table below gives details in this
regard:
|
Particulars
|
Unit
|
Price
on March 02, 2017 (Previous trading day i.e. 01.03.2017)
|
Pricing
Fortnight for 01.03.2017
(Feb
14, 2017 to Feb 24, 2017)
|
|
Crude Oil (Indian
Basket)
|
($/bbl)
|
54.82 (55.33)
|
54.93
|
|
3658.54 (3698.40)
|
3677.56
|
||
|
Exchange Rate
|
66.74 (66.85)
|
66.95
|

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