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\\$ 54.77 per barrel (bbl) on 02.04.2015. This was higher than the price of US\\$ 54.11 per bbl on previous publishing day of 01.04.2015.

In rupee terms, the price of Indian Basket increased to Rs 3428.05 per bbl on 02.04.2015 as compared to Rs 3386.74 per bbl on 01.04.2015. Rupee closed at Rs 62.59 per US\\$ on 31.03.2015.

 The table below gives details in this regard:

Particulars

Unit

Price on April 02, 2015 (Previous trading day i.e. 01.04.2015)

Pricing Fortnight for 01.04.2015

(Mar 12 to Mar 27, 2015)

Crude Oil (Indian Basket)

(\\$/bbl)

54.77              (54.11)

53.61

(Rs/bbl

3428.05          (3386.74)

3352.77

Exchange Rate

(Rs/\\$)

*62.59

62.54

*As RBI rate for 1st & 2nd April 2015 is not available, therefore rate as of 31.03.2015 has been considered.