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New Delhi: 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$ 52.56 per barrel (bbl) on 11.01.2017. This was lower than the price of US$ 53.22 per bbl on previous publishing day of 10.01.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3586.13 per bbl on 11.01.2017 as compared to Rs. 3622.66 per bbl on 10.01.2017. Rupee closed weaker at Rs. 68.23 per US$ on 11.01.2017 as compared to Rs. 68.06 per US$ on 10.01.2017. The table below gives details in this regard:

Particulars     Unit Price on January 11, 2017 (Previous trading day i.e. 10.01.2017)                                                                  

Pricing Fortnight for 01.01.2017

(Dec 14, 2016 to Dec 28, 2016)

Crude Oil (Indian Basket) ($/bbl)                   52.56              (53.22)        

53.05

(Rs/bbl                  3586.13       (3622.66)       

3599.97

Exchange Rate  (Rs/$)                   68.23              (68.06)

   67.86

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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