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$ 31.66 per barrel (bbl) on 04.02.2016. This was higher than the price of US$ 30.16 per bbl on previous publishing day of 03.02.2016.
In rupee terms, the price of Indian Basket increased to Rs 2147.13 per bbl on 04.02.2016 as compared to Rs 2056.24 per bbl on 03.02.2016. Rupee closed stronger at Rs 67.81 per US$ on 04.02.2016 as against Rs 68.18 per US$ on 03.02.2016. The table below gives details in this regard:
|Particulars||Unit||Price on February 04, 2016 (Previous trading day i.e. 03.02.2016)||Pricing Fortnight for 01.02.2016
(14 Jan to 27 Jan, 2016)
|Crude Oil (Indian Basket)||($/bbl)||31.66 (30.16)||26.05|
|Exchange Rate||(Rs/$)||67.81 (68.18)||67.68|