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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$ 26.63 per barrel (bbl) on 26.01.2016. This was lower than the price of US$ 26.87 per bbl on previous publishing day of 22.01.2016.

In rupee terms, the price of Indian Basket decreased to Rs 1801.19 per bbl on 26.01.2016 as compared to Rs 1820.43 per bbl on 22.01.2016. Rupee closed stronger at Rs 67.64 per US$ on 26.01.2016 as against Rs 67.75 per US$ on 22.01.2016. The table below gives details in this regard:

 

Particulars      Unit Price on January 26, 2016 (Previous trading day i.e. 22.01.2016) Pricing Fortnight for 16.01.2016

(Dec 30 to Jan 13, 2016)

Crude Oil (Indian Basket) ($/bbl)               26.63            (26.87)   30.63
(Rs/bbl           1801.19         (1820.43) 2040.26
Exchange Rate   (Rs/$)             *67.64             (67.75)     66.61
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