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Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
16-October-2015 10:24 IST
Global crude oil price of Indian Basket was US$ 46.68 per bbl on 15.10.2015

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$ 46

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$ 46.68 per barrel (bbl) on 15.10.2015. This was lower than the price of US$ 46.86 per bbl on previous publishing day of 14.10.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3025.97 per bbl on 15.10.2015 as compared to Rs 3051.12 per bbl on 14.10.2015. Rupee closed stronger at Rs 64.82 per US$ on 15.10.2015 as against Rs 65.11 per US$ on 14.10.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on October 15, 2015 (Previous trading day i.e. 14.10.2015)

Pricing Fortnight for 16.10.2015

(Sep 29 to Oct 13, 2015)

Crude Oil (Indian Basket)

($/bbl)

46.68              (46.86)

47.70

(Rs/bbl

3025.97          (3051.12)

3115.29

Exchange Rate

(Rs/$)

64.82            (65.11)

65.31

 

 

MJPS/Rk/Daily Crude Oil Price- 16.10.2015