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$ 26.95 per barrel (bbl) on 11.02.2016. This was lower than the price of US$ 27.72 per bbl on previous publishing day of 10.02.2016.
In rupee terms, the price of Indian Basket decreased to Rs 1833.30 per bbl on 11.02.2016 as compared to Rs 1881.77 per bbl on 10.02.2016. Rupee closed weaker at Rs 68.02 per US$ on 11.02.2016 as against Rs 67.88 per US$ on 10.02.2016.The table below gives details in this regard:
|Particulars||Unit||Price on February 11, 2016(Previous trading day i.e. 10.02.2016)||Pricing Fortnight for 01.02.2016
(14 Jan to 27 Jan, 2016)
|Crude Oil (Indian Basket)||($/bbl)||26.95 (27.72)||26.05|
|Exchange Rate||(Rs/$)||68.02 (67.88)||67.68|