Ministry of Petroleum & Natural Gas19-November, 2014 10:23 IST
Global crude oil price of Indian Basket was US$ 76.32 per bbl on 18.11.2014

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$ 76.32 per barrel (bbl) on 18.11.2014. This was higher than the price of US$ 75.52 per bbl on previous publishing day of 17.11.2014.

In rupee terms, the price of Indian Basket increased to Rs 4717.34 per bbl on 18.11.2014 as compared to Rs 4658.07 per bbl on 17.11.2014. Rupee closed weaker at Rs 61.81 per US$ on 18.11.2014 as against Rs 61.68 per US$ on 17.11.2014. 

The table below gives details in this regard:

Particulars     

Unit

Price on Nov 18, 2014 (Previous trading day i.e. 17.11.2014)                                                                  

Pricing Fortnight for 16.11.2014

(Oct 30 to Nov 12, 2014)

Crude Oil (Indian Basket)

($/bbl)

   76.32              (75.52)   

    81.31

(Rs/bbl

          4717.34           (4658.07)       

4997.31

Exchange Rate

  (Rs/$)

              61.81               (61.68)         

       61.46

 

  MJPS/Daily Crude oil price- 19.11.2014      

 


(Release ID :111550)