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$ 30.16 per barrel (bbl) on 03.02.2016. This was lower than the price of US$ 30.28 per bbl on previous publishing day of 02.02.2016.

In rupee terms, the price of Indian Basket increased to Rs 2056.24 per bbl on 03.02.2016 as compared to Rs 2054.09 per bbl on 02.02.2016. Rupee closed weaker at Rs 68.18 per US$ on 03.02.2016 as against Rs 67.83 per US$ on 02.02.2016. The table below gives details in this regard:

 

Particulars

Unit

Price on February 03, 2016 (Previous trading day i.e. 02.02.2016)

Pricing Fortnight for 01.02.2016

(14 Jan to 27 Jan, 2016)

Crude Oil (Indian Basket)

($/bbl)

30.16             (30.28)

26.05

(Rs/bbl

2056.24         (2054.09)

1763.06

Exchange Rate

(Rs/$)

68.18             (67.83)

67.68