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$ 41.80 per barrel (bbl) on 25.11.2015. This was higher than the price of US$ 41.61 per bbl on previous publishing day of 24.11.2015.

In rupee terms, the price of Indian Basket increased to Rs 2775.04 per bbl on 25.11.2015 as compared to Rs 2762.15 per bbl on 24.11.2015. Rupee closed at Rs 66.38 per US$ on 25.11.2015. The table below gives details in this regard:

 

Particulars    

Unit

Price on November 25, 2015 (Previous trading day i.e. 24.11.2015)                                                                  

Pricing Fortnight for 16.11.2015

(Oct 29 to Nov 10, 2015)

Crude Oil (Indian Basket)

($/bbl)

              41.80           (41.61)               

  45.58

(Rs/bbl

          2775.04         (2762.15)       

2993.24

Exchange Rate

  (Rs/$)

             *66.38         

    65.67

    * RBI reference rate for 25.11.2015 is not available. Therefore rate of 24.11.2015 has been considered.