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\$ 63.68 per barrel (bbl) on 22.05.2015. This was higher than the price of US\$ 63.46 per bbl on previous publishing day of 22.05.2015.

In rupee terms, the price of Indian Basket increased to Rs 4051.32 per bbl on 25.05.2015 as compared to Rs 4048.14 per bbl on 22.05.2015. Rupee closed weaker at Rs 63.62 per US\$ on 25.05.2015 as against Rs 63.57 per US\$ on 22.05.2015. The table below gives details in this regard:

 

Particulars    

Unit

Price on May 25, 2015 (Previous trading day i.e. 22.05.2015)                                                                 

Pricing Fortnight for 16.05.2015

(April 29 to May 13, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

*  63.68             (63.68)

  64.51

(Rs/bbl

4051.32          (4048.14)

4115.09

Exchange Rate

  (Rs/\$)

63.62              (63.57)

    63.79