Ministry of Petroleum & Natural Gas

Global Crude oil price of Indian Basket was US$ 56.79 per bbl on 25.10.2017

Posted On: 26 OCT 2017 5:57PM by PIB Chennai

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$ 56.79 per barrel (bbl) on 25.10.2017. This was higher than the price of US$ 55.97 per bbl on previous publishing day of 24.10.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3699.13 per bbl on 25.10.2017 as compared to Rs. 3633.63 per bbl on 24.10.2017. Rupee closed weaker at Rs. 65.14 per US$ on 25.10.2017 as compared to 64.93 per US$ on 24.10.2017. The table below gives details in this regard:

Particulars

Unit

Price on October 25, 2017 (Previous trading day i.e. 24.10.2017)

Crude Oil (Indian Basket)

($/bbl)

   56.79                         (55.97)

(Rs/bbl)

  3699.13                   (3633.63)

Exchange Rate

(Rs/$)

   65.14                         (64.93)

 

AD/MB Daily Crude Oil Price


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