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Global Crude oil price of Indian Basket was US$ 43.79 per bbl on 14.07.2016

Published on July 15, 2016

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$ 43.79 per barrel (bbl) on 14.07.2016. This was lower than the price of US$ 44.10 per bbl on previous publishing day of 13.07.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 2929.97 per bbl on 14.07.2016 as compared to Rs. 2963.60 per bbl on 13.07.2016. Rupee closed stronger at Rs. 66.91 per US$ on 14.07.2016 as against Rs. 67.20 per US$ on 13.07.2016. The table below gives details in this regard:

Particulars	Unit	Price on July 14, 2016 (Previous trading day i.e. 13.07.2016)	Pricing Fortnight for 01.07.2016 (June 14, 2016 to June 28, 2016)
Crude Oil (Indian Basket)	($/bbl)	43.79 (44.10)	46.34
Crude Oil (Indian Basket)	(Rs/bbl	2929.97 (2963.60)	3127.02
Exchange Rate	(Rs/$)	66.91 (67.20)	67.48