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$ 45.50 per barrel (bbl) on 16.09.2015. This was lower than the price of US$ 44.18 per bbl on previous publishing day of 15.09.2015.

In rupee terms, the price of Indian Basket increased to Rs 3025.69 per bbl on 16.09.2015 as compared to Rs 2935.08 per bbl on 15.09.2015. Rupee closed weaker at Rs 66.50 per US$ on 16.09.2015 as against Rs 66.44 per US$ on 15.09.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on September 16, 2015 (Previous trading day i.e. 15.09.2015)

Pricing Fortnight for 16.09.2015

(Aug 28 to Sep 11, 2015)

Crude Oil (Indian Basket)

($/bbl)

45.50              (44.18)

47.42

(Rs/bbl

3025.69          (2935.08)

3147.27

Exchange Rate

(Rs/$)

66.50              (66.44)

66.37