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\$ 64.88 per barrel (bbl) on 14.05.2015. This was lower than the price of US\$ 65.70 per bbl on previous publishing day of 13.05.2015.

In rupee terms, the price of Indian Basket decreased to Rs 4141.94 per bbl on 14.05.2015 as compared to Rs 4217.28 per bbl on 13.05.2015. Rupee closed stronger at Rs 63.84 per US\$ on 14.05.2015 as against Rs 64.19 per US\$ on 13.05.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on May 14, 2015 (Previous trading day i.e. 13.05.2015)

Pricing Fortnight for 01.05.2015

(April 11 to April 28, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

64.88              (65.70)

60.30

(Rs/bbl

4141.94          (4217.28)

3789.86

Exchange Rate

(Rs/\$)

63.84             (64.19)

62.85