Ministry of Petroleum & Natural Gas

Global Crude oil price of Indian Basket was US$ 54.92 per bbl on 12.04.2017

Posted On: 13 APR 2017 12:50PM 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$ 54.92 per barrel (bbl) on 12.04.2017. This was higher than the price of US$ 54.55 per bbl on previous publishing day of 11.04.2017.

In rupee terms, the price of Indian Basket increased to Rs.3552.86 per bbl on 12.04.2017 as compared to Rs. 3520.72 per bbl on 11.04.2017. Rupee closed weaker at Rs. 64.69 per US$ on 12.04.2017 as compared to Rs. 64.54 per US$ on 11.04.2017. The table below gives details in this regard:

 

Particulars    

Unit

Price on April 12, 2017 (Previous trading day i.e. 11.04.2017)                                                                

Pricing Fortnight for 01.04.2017

(March 13, 2017 to March 29, 2017)

Crude Oil (Indian Basket)

($/bbl)

                  54.92             (54.55)       

50.06

(Rs/bbl

                 3552.86        (3520.72)       

3275.43

Exchange Rate

  (Rs/$)

                  64.69              (64.54)

65.43

 RG/SA Daily Crude Oil Price      

 



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