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$ 32.61 per barrel (bbl) on 21.12.2015. This was lower than the price of US$ 33.62 per bbl on previous publishing day of 18.12.2015.

In rupee terms, the price of Indian Basket decreased to Rs 2162.73 per bbl on 21.12.2015 as compared to Rs 2232.85 per bbl on 18.12.2015. Rupee closed stronger at Rs 66.32 per US$ on 21.12.2015 as against Rs 66.42 per US$ on 18.12.2015. The table below gives details in this regard:

 

Particulars

Unit

Price on December 21, 2015 (Previous trading day i.e. 18.12.2015)

Pricing Fortnight for 16.12.2015

(Nov 27 to Dec 11, 2015)

Crude Oil (Indian Basket)

($/bbl)

32.61             (33.62)

39.02

(Rs/bbl

2162.73         (2232.85)

2603.80

Exchange Rate

(Rs/$)

66.32             (66.42)

66.73