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\$ 59.90 per barrel (bbl) on 18.02.2015.

In rupee terms, the price of Indian Basket was Rs 3728.78 per bbl on 18.02.2015 Rupee closed at Rs 62.25 per US\$ on 18.02.2015

 The table below gives details in this regard:

Particulars    

Unit

Price on Feb 18, 2015

Pricing Fortnight for 16.02.2015

(Jan 29 to Feb 11, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

   59.90                 

  52.70

(Rs/bbl

3728.78

3258.97

Exchange Rate

  (Rs/\$)

*62.25

    61.84

*RBI reference rate for 19.02.2015 is not available, therefore rate of as of 18.02.2015 has been considered.

Due to holiday in Singapore on 19.02.2015, Platts daily average price assessment are unavailable. Therefore, the prices as of 18.02.2015 has been considered.