Ministry of Petroleum & Natural Gas
Global Crude oil price of Indian Basket was US$ 55.37 per bbl on 21.02.2017
Posted On:
22 FEB 2017 10:59AM by PIB Delhi
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$ 55.37 per barrel (bbl) on 21.02.2017. This was higher than the price of US$ 54.97 per bbl on previous publishing day of 20.02.2017.
In rupee terms, the price of Indian Basket increased to Rs. 3708.85 per bbl on 21.02.2017 as compared to Rs. 3681.51 per bbl on 20.02.2017. Rupee closed at Rs. 66.98 per US$ on 21.02.2017. The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on February 21, 2017 (Previous trading day i.e. 20.02.2017)
|
Pricing Fortnight for 16.02.2017
(Jan 28, 2017 to Feb 13, 2017)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
55.37 (54.97)
|
54.67
|
|
(Rs/bbl
|
3708.85 (3681.51)
|
3683.12
|
|
Exchange Rate
|
(Rs/$)
|
66.98*
|
67.37
|
* RBI reference rate for 21.02.2017 is not available. Therefore reference rate of 20.02.2017 has been considered.
RG/RK/SA Daily Crude Oil Price
(Release ID: 1483164)
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