Ministry of Petroleum & Natural Gas

Global Crude oil price of Indian Basket was US$ 51.28 per bbl on 31.03.2017

Posted On: 03 APR 2017 1:26PM 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$ 51.28 per barrel (bbl) on 31.03.2017. This was lower than the price of US$ 51.36 per bbl on previous publishing day of 30.03.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3325.11 per bbl on 31.03.2017 as compared to Rs. 3334.79 per bbl on 30.03.2017. Rupee closed stronger at Rs. 64.84 per US$ on 31.03.2017 as compared to Rs. 64.93 per US$ on 30.03.2017. The table below gives details in this regard:

 

Particulars     

Unit

Price on March 31, 2017 (Previous trading day i.e. 30.03.2017)                                                                  

Pricing Fortnight for 01.04.2017

(March 13, 2017 to March 29, 2017)

Crude Oil (Indian Basket)

($/bbl)

                  51.28             (51.36)       

50.06

(Rs/bbl

                 3325.11        (3334.79)       

3275.43

Exchange Rate

  (Rs/$)

                  64.84            ( 64.93)

65.43

  RG/SA Daily Crude Oil Price      

 



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