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$ 34.01 per barrel (bbl) on 24.12.2015. This was higher than the price of US$ 33.03 per bbl on previous publishing day of 23.12.2015.

In rupee terms, the price of Indian Basket increased to Rs 2251.79 per bbl on 24.12.2015 as compared to Rs. 2186.64 per bbl on 23.12.2015. Rupee closed at Rs 66.20 per US$ on 23.12.2015. The table below gives details in this regard:

 

Particulars     

Unit

Price on December 24, 2015 (Previous trading day i.e. 23.12.2015)                                                                  

Pricing Fortnight for 16.12.2015

(Nov 27 to Dec 11, 2015)

Crude Oil (Indian Basket)

($/bbl)

             34.01             (33.03)               

  39.02

(Rs/bbl

          2251.79         (2186.64)       

2603.80

Exchange Rate

  (Rs/$)

             66.20             

    66.73