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Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
12-October-2017 10:49 IST
Global Crude oil price of Indian Basket was US$ 55.07 per bbl on 11.10.2017

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$ 55.07 per barrel (bbl) on 11.10.2017. This was higher than the price of US$ 54.79 per bbl on previous publishing day of 10.10.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3594.65 per bbl on 11.10.2017 as compared to Rs. 3576.02 per bbl on 10.10.2017. Rupee closed unchanged at Rs. 65.27 per US$ on 11.10.2017 as compared per US$ on 10.10.2017. The table below gives details in this regard:

Particulars

Unit

Price on October 11, 2017 (Previous trading day i.e. 10.10.2017)

Crude Oil (Indian Basket)

($/bbl)

             55.07           (54.79)

(Rs/bbl)

            3594.65       (3576.02)

Exchange Rate

(Rs/$)

             65.27          (65.27)

 

AD/MB Daily Crude Oil Price