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$ 31.33 per barrel (bbl) on 06.01.2016. This was lower than the price of US$ 32.51 per bbl on previous publishing day of 05.01.2016.

In rupee terms, the price of Indian Basket decreased to Rs 2090.22 per bbl on 06.01.2016 as compared to Rs 2163.09 per bbl on 05.01.2016. Rupee closed weaker at Rs 66.72 per US$ on 06.01.2016 as against Rs 66.54 per US$ on 05.01.2016. The table below gives details in this regard:

 

Particulars

Unit

Price on January 06, 2016 (Previous trading day i.e. 05.01.2016)

Pricing Fortnight for 01.01.2016

(Dec 12 to Dec 29, 2015)

Crude Oil (Indian Basket)

($/bbl)

31.33             (32.51)

33.58

(Rs/bbl

2090.22         (2163.09)

2234.08

Exchange Rate

(Rs/$)

66.72             (66.54)

66.53