Ministry of Petroleum & Natural Gas

Global Crude oil price of Indian Basket was US$ 50.36 per bbl on 02.05.2017

Posted On: 03 MAY 2017 2:23PM 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$ 50.36 per barrel (bbl) on 02.05.2017.

In rupee terms, the price of Indian Basket was Rs. 3233.78 per bbl on 02.05.2017. Rupee closed at Rs. 64.21 per US$ on 02.05.2017. The table below gives details in this regard:

 

Particulars    

Unit

Price on May 02, 2017

Pricing Fortnight for 01.05.2017

(April 12, 2017 to April 26, 2017)

Crude Oil (Indian Basket)

($/bbl)

50.36

52.36

(Rs/bbl)

3233.78

3374.60

Exchange Rate

  (Rs/$)

64.21

64.45

 

 

RG/SA Daily Crude Oil Price 


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