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\$ 47.36 per barrel (bbl) on 09.01.2015. This was lower than the price of US\$ 47.95 per bbl on previous publishing day of 08.01.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2955.26 per bbl on 09.01.2015 as compared to Rs 3019.41 per bbl on 08.01.2015. Rupee closed stronger at Rs 62.40 per US\$ on 09.01.2015 as against Rs 62.97 per US\$ on 08.01.2015.

The table below gives details in this regard:

Particulars

Unit

Price on Jan 09, 2015 (Previous trading day i.e. 08.01.2015)

Pricing Fortnight for 01.01.2015

(Dec 12 to Dec 29, 2014)

Crude Oil (Indian Basket)

(\$/bbl)

47.36              (47.95)

58.12

(Rs/bbl

2955.26          (3019.41)

3676.67

Exchange Rate

(Rs/\$)

62.40              (62.97)

63.26