Press Information Bureau
Government Of India
Ministry of Petroleum & Natural Gas
(17-July, 2017 09:57 IST )

Global Crude oil price of Indian Basket was US$ 47.31 per bbl on 14.07.2017

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$ 47.31 per barrel (bbl) on 14.07.2017. This was higher than the price of US$ 46.55 per bbl on previous publishing day of 13.07.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3049.48 per bbl on 14.07.2017 as compared to Rs. 2999.54 per bbl on 13.07.2017. Rupee closed weaker at Rs. 64.45 per US$ on 14.07.2017 as compared to Rs. 64.44 per US$ on 13.07.2017. The table below gives details in this regard:




Price on July 14, 2017 Previous trading day i.e. 13.07.2017)                              

Crude Oil (Indian Basket)


              47.31               (46.55)


            3049.48           (2999.54)

Exchange Rate


              64.45               (64.44)



RG/SA Daily Crude Oil Price       



(Release ID :167470)

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