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$ 40.03 per barrel (bbl) on 18.11.2015. This was lower than the price of US$ 40.27 per bbl on previous publishing day of 17.11.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2646.82 per bbl on 18.11.2015 as compared to Rs 2657.22 per bbl on 17.11.2015. Rupee closed weaker at Rs 66.11 per US$ on 18.11.2015 as against Rs 65.98 per US$ on 17.11.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on November 18, 2015 (Previous trading day i.e. 17.11.2015)

Pricing Fortnight for 16.11.2015

(Oct 29 to Nov 10, 2015)

Crude Oil (Indian Basket)

($/bbl)

40.03            (40.27)

45.58

(Rs/bbl

2646.82         (2657.22)

2993.24

Exchange Rate

(Rs/$)

66.11           (65.98)

65.67