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$ 40.27 per barrel (bbl) on 17.11.2015. This was higher than the price of US$ 39.89 per bbl on previous publishing day of 16.11.2015.

In rupee terms, the price of Indian Basket increased to Rs 2657.22 per bbl on 17.11.2015 as compared to Rs 2639.71 per bbl on 16.11.2015. Rupee closed stronger at Rs 65.98 per US$ on 17.11.2015 as against Rs 66.17 per US$ on 16.11.2015. The table below gives details in this regard:

 

Particulars     

Unit

Price on November 17, 2015 (Previous trading day i.e. 16.11.2015)                                                                  

Pricing Fortnight for 16.11.2015

(Oct 29 to Nov 10, 2015)

Crude Oil (Indian Basket)

($/bbl)

              40.27            (39.89)               

  45.58

(Rs/bbl

          2657.22         (2639.71)       

2993.24

Exchange Rate

  (Rs/$)

              65.98            (66.17)

    65.67