Print
XClose
Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
29-October-2015 10:19 IST
Global crude oil price of Indian Basket was US$ 44.56 per bbl on 28.10.2015

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$ 44

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$ 44.56 per barrel (bbl) on 28.10.2015. This was higher than the price of US$ 43.94 per bbl on previous publishing day of 27.10.2015.

In rupee terms, the price of Indian Basket increased to Rs 2898.34 per bbl on 28.10.2015 as compared to Rs 2854.05 per bbl on 27.10.2015. Rupee closed weaker at Rs 65.04 per US$ on 28.10.2015 as against Rs 64.96 per US$ on 27.10.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on October 28, 2015 (Previous trading day i.e. 27.10.2015)

Pricing Fortnight for 16.10.2015

(Sep 29 to Oct 13, 2015)

Crude Oil (Indian Basket)

($/bbl)

44.56              (43.94)

47.70

(Rs/bbl

2898.34         (2854.05)

3115.29

Exchange Rate

(Rs/$)

65.04            (64.96)

65.31

 

 

MJPS/Rk/Daily Crude Oil Price- 29.10.2015