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$ 48.85 per barrel (bbl) on 14.08.2015. This was lower than the price of US$ 49.52 per bbl on previous publishing day of 13.08.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3181.11 per bbl on 14.08.2015 as compared to Rs 3214.84 per bbl on 13.08.2015. Rupee closed weaker at Rs 65.12 per US$ on 14.08.2015 as against Rs 64.92 per US$ on 13.08.2015. The table below gives details in this regard:

Particulars

Unit

Price on August 14, 2015 (Previous trading day i.e. 13.08.2015)

Pricing Fortnight for 16.08.2015

(July 30 to Aug 12, 2015)

Crude Oil (Indian Basket)

($/bbl)

48.85              (49.52)

50.68

(Rs/bbl

3181.11        (3214.84)

3243.52

Exchange Rate

(Rs/$)

65.12            (64.92)

64.00