Global Crude oil price of Indian Basket was US$ 54.55 per bbl

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$ 54.55 per barrel (bbl) on 29.12.2016. This was higher than the price of US$ 54.49 per bbl on previous publishing day of 28.12.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3716.49 per bbl on 29.12.2016 as compared to Rs. 3717.73 per bbl on 28.12.2016. Rupee closed stronger at Rs 68.12 per US$ on 29.12.2016 as against Rs 68.23 per US$ on 28.12.2016.