Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
03-August-2017 12:43 IST
Global Crude oil price of Indian Basket was US$ 50.83 per bbl on 02.08.2017

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$ 50.83 per barrel (bbl) on 02.08.2017. This was lower than the price of US$ 51.24 per bbl on previous publishing day of 01.08.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3256.36 per bbl on 02.08.2017 as compared to Rs. 3282.97 per bbl on 01.08.2017. Rupee closed unchanged at Rs. 64.07 per US$ on 02.08.2017 as compared to 01.08.2017. The table below gives details in this regard:




Price on August 02, 2017 Previous trading day i.e. (01.08.2017)

Crude Oil (Indian Basket)


50.83               (51.24)


3256.36           (3282.97)

Exchange Rate


64.07               (64.07)



RG/SA Daily Crude Oil Price