Sunday, March 29th, 2020

Global Crude oil price of Indian Basket was US$ 24.96 per bbl

Petroleum-Planning-and-Analysis-Cell-PPAC11INVC NEWS

New 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$ 24.96 per barrel (bbl) on 18.01.2016. This was lower than the price of US$ 26.40 per bbl on previous publishing day of 15.01.2016. In rupee terms, the price of Indian Basket decreased to Rs 1687.27 per bbl on 18.01.2016 as compared to Rs 1780.00 per bbl on 15.01.2016. Rupee closed weaker at Rs 67.59 per US$ on 18.01.2016 as against Rs 67.43 per US$ on 15.01.2016.

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