OREANDA-NEWS. 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\\$ 57.29 per barrel (bbl) on 17.12.2014. This was lower than the price of US\\$ 57.76 per bbl on previous publishing day of 16.12.2014.

In rupee terms, the price of Indian Basket decreased to Rs 3642.50 per bbl on 17.12.2014 as compared to Rs 3662.56 per bbl on 16.12.2014. Rupee closed weaker at Rs 63.58 per US\\$ on 17.12.2014 as against Rs 63.41 per US\\$ on 16.12.2014. 

The table below gives details in this regard:

Particulars    

Unit

Price on Dec 17, 2014 (Previous trading day i.e. 16.12.2014)                                                                 

Pricing Fortnight for 16.12.2014

(Nov 27 to Dec 11, 2014)

Crude Oil (Indian Basket)

(\\$/bbl)

57.29              (57.76)

67.24

(Rs/bbl

3642.50           (3662.56)

4165.52

Exchange Rate

(Rs/\\$)

63.58              (63.41)

61.95