Ministry of Petroleum & Natural Gas
Global Crude oil price of Indian Basket was US$ 48.14 per bbl on 08.05.2017
Posted On:
09 MAY 2017 10:06AM 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$ 48.14 per barrel (bbl) on 08.05.2017. This was higher than the price of US$ 47.85 per bbl on previous publishing day of 05.05.2017.
In rupee terms, the price of Indian Basket increased to Rs. 3091.17 per bbl on 08.05.2017 as compared to Rs. 3077.27 per bbl on 05.05.2017. Rupee closed stronger at Rs. 64.22 per US$ on 08.05.2017 as compared to Rs. 64.31 per US$ on 05.05.2017. The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on May 08, 2017 (Previous trading day i.e. 05.05.2017)
|
Pricing Fortnight for 01.05.2017
(April 12, 2017 to April 26, 2017)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
48.14 (47.85)
|
52.36
|
|
(Rs/bbl)
|
3091.17 (3077.27)
|
3374.60
|
|
Exchange Rate
|
(Rs/$)
|
64.22 (64.31)
|
64.45
|
RG/SA Daily Crude Oil Price
(Release ID: 1489505)
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