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\\$ 57.91 per barrel (bbl) on 24.12.2014. This was higher than the price of US\\$ 59.17 per bbl on previous publishing day of 23.12.2014.

In rupee terms, the price of Indian Basket increased to Rs 3674.97 per bbl on 24.12.2014 as compared to Rs 3627.44 per bbl on 23.12.2014. Rupee closed weaker at Rs 63.46 per US\\$ on 24.12.2014 as against Rs 63.45 per US\\$ on 23.12.2014.

The table below gives details in this regard:

Particulars

Unit

Price on Dec 24, 2014 (Previous trading day i.e. 23.12.2014)

Pricing Fortnight for 16.12.2014

(Nov 27 to Dec 11, 2014)

Crude Oil (Indian Basket)

(\\$/bbl)

57.91              (57.17)

67.24

(Rs/bbl)

3674.97          (3627.44)

4165.52

Exchange Rate

(Rs/\\$)

63.46              (63.45)

61.95