Ministry of Petroleum & Natural Gas

Global Crude oil price of Indian Basket was US$56.59 per bbl on 17.10.2017

Posted On: 18 OCT 2017 9:42AM 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$ 56.59 per barrel (bbl) on 17.10. 2017.This was higher than the price of US$ 56.37 per bbl on previous publishing day of 16.10.2017.

In rupee terms, the price of Indian Basket increased to Rs.3673.70 per bbl on 17.10.2017 as compared to Rs. 3650.26 per bbl on 16.10.2017. Rupee closed weaker at Rs. 64.92 per US$ on 17.10.2017 as compared to Rs. 64.76 per US$ on 16.10. 2017.The table below gives details in this regard:

Particulars

Unit

Price on October17, 2017 (Previous trading day i.e. 16.10.2017)

Crude Oil (Indian Basket)

($/bbl)

     56.59                       (56.37)

(Rs/bbl)

    3673.70                 (3650.26)

Exchange Rate

(Rs/$)

     64.92                      (64.76)

 

AD/MBDaily Crude Oil Price


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