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$ 27.32 per barrel (bbl) on 13.01.2016. This was lower than the price of US$ 27.33 per bbl on previous publishing day of 12.01.2016.
In rupee terms, the price of Indian Basket decreased to Rs 1826.30 per bbl on 13.01.2016 as compared to Rs 1828.42 per bbl on 12.01.2016. Rupee closed stronger at Rs 66.84 per US$ on 13.01.2016 as against Rs 66.89 per US$ on 12.01.2016. The table below gives details in this regard:
|Particulars||Unit||Price on January 13, 2016 (Previous trading day i.e. 12.01.2016)||Pricing Fortnight for 01.01.2016
(Dec 12 to Dec 29, 2015)
|Crude Oil (Indian Basket)||($/bbl)||27.32 (27.33)||33.58|
|Exchange Rate||(Rs/$)||66.84 (66.89)||66.53|