Home India Global Crude oil price of Indian Basket was US$ 51.82 per bbl...

Global Crude oil price of Indian Basket was US$ 51.82 per bbl on…

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$ 51.82 per barrel (bbl) on 10.08.2017. This was higher than
the price of US$ 51.59* per bbl on previous publishing day of 09.08.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3313.36
per bbl on 10.08.2017 as compared to Rs. 3288.67 per bbl on 09.08.2017.
Rupee closed weaker at Rs. 63.94 per
US$ on 10.08.2017 as compared to Rs.
63.75 per
US$ on 09.08.2017
. The table below gives details in this
regard:

 





Particulars

Unit

Price
on August 10, 2017
Previous trading day i.e. (09.08.2017)

Crude
Oil (Indian Basket)

($/bbl)

         51.82               51.59*

(Rs/bbl)

       3313.36          (3288.67)

Exchange
Rate

(Rs/$)

         63.94              
(63.75)

 

* Since Oman & Dubai prices were not available due to holiday
in Singapore on 9.8.2017, the price of Indian basket Crude Oil could not be
derived therefore, price of Indian basket as of 8.8.2017 had been considered.

RG/SA Daily Crude Oil Price