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\$ 54.97 per barrel (bbl) on 04.02.2015. This was higher than the price of US\$ 53.83 per bbl on previous publishing day of 03.02.2015.

In rupee terms, the price of Indian Basket increased to Rs 3390.55 per bbl on 04.02.2015 as compared to Rs 3323.46 per bbl on 03.02.2015. Rupee closed stronger at Rs 61.68 per US\$ on 04.02.2015 as against Rs 61.74 per US\$ on 03.02.2015.

 The table below gives details in this regard:

Particulars

Unit

Price on Feb 04, 2015 (Previous trading day i.e. 03.02.2015)

Pricing Fortnight for 01.02.2015

(Jan 14 to Jan 28, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

54.97              (53.83)

45.32

(Rs/bbl

3390.55          (3323.46)

2796.24

Exchange Rate

(Rs/\$)

61.68              (61.74)

61.70