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$ 26.43 per barrel (bbl) on 14.01.2016. This was lower than the price of US$ 27.32 per bbl on previous publishing day of 13.01.2016.

In rupee terms, the price of Indian Basket decreased to Rs 1773.19 per bbl on 14.01.2016 as compared to Rs 1826.30 per bbl on 13.01.2016. Rupee closed weaker at Rs 67.10 per US$ on 14.01.2016 as against Rs 66.84 per US$ on 13.01.2016. The table below gives details in this regard:

 

Particulars     

Unit

Price on January 14, 2016 (Previous trading day i.e. 13.01.2016)                                                                  

Pricing Fortnight for 01.01.2016

(Dec 12 to Dec 29, 2015)

Crude Oil (Indian Basket)

($/bbl)

              26.43            (27.32)               

  33.58

(Rs/bbl

          1773.19         (1826.30)       

2234.08

Exchange Rate

  (Rs/$)

              67.10             (66.84)

    66.53