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$ 49.80 per barrel (bbl) on 11.08.2015. This was higher than the price of US$ 49.11 per bbl on previous publishing day of 10.08.2015.

In rupee terms, the price of Indian Basket increased to Rs 3195.67 per bbl on 11.08.2015 as compared to Rs 3131.25 per bbl on 10.08.2015. Rupee closed weaker at Rs 64.17 per US$ on 11.08.2015 as against Rs 63.76 per US$ on 10.08.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on August 11, 2015 (Previous trading day i.e. 10.08.2015)

Pricing Fortnight for 01.08.2015

(July 14 to July 29, 2015)

Crude Oil (Indian Basket)

($/bbl)

49.80              (49.11)

55.15

(Rs/bbl

3195.67        (3131.25)

3511.95

Exchange Rate

(Rs/$)

64.17            (63.76)

63.68