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$ 46.29 per barrel (bbl) on 17.09.2015. This was higher than the price of US$ 45.50 per bbl on previous publishing day of 16.09.2015.

In rupee terms, the price of Indian Basket increased to Rs 3078.12 per bbl on 17.09.2015 as compared to Rs 3025.69 per bbl on 16.09.2015. Rupee closed at Rs 66.50 per US$ on 16.09.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on September 17, 2015 (Previous trading day i.e. 16.09.2015)

Pricing Fortnight for 16.09.2015

(Aug 28 to Sep 11, 2015)

Crude Oil (Indian Basket)

($/bbl)

46.29              (45.50)

47.42

(Rs/bbl

3078.12          (3025.69)

3147.27

Exchange Rate

(Rs/$)

66.50*

66.37

* RBI reference rate for 17th September 2015 are not available, therefore rate as of 16th September 2015 has been considered.