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Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
11-January-2017 12:40 IST
Global Crude oil price of Indian Basket was US$ 53.22 per bbl on 10.01.2017

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$ 53.22 per barrel (bbl) on 10.01.2017. This was lower than the price of US$ 54.64 per bbl on previous publishing day of 09.01.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3622.66 per bbl on 10.01.2017 as compared to Rs. 3725.39 per bbl on 09.01.2017. Rupee closed stronger at Rs. 68.06 per US$ on 10.01.2017 as compared to Rs. 68.19 per US$ on 09.01.2017. The table below gives details in this regard:

Particulars     

Unit

Price on January 10, 2017 (Previous trading day i.e. 09.01.2017)                                                                  

Pricing Fortnight for 01.01.2017

(Dec 14, 2016 to Dec 28, 2016)

Crude Oil (Indian Basket)

($/bbl)

                  53.22              (54.64)        

53.05

(Rs/bbl

                 3622.66       (3725.39)       

3599.97

Exchange Rate

  (Rs/$)

                  68.06              (68.19)

   67.86

 

RG/SA/Daily Crude Oil Price