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$ 51.34 per barrel (bbl) on 07.12.2016. This was lower than the price of US$ 52.07 per bbl on previous publishing day of 06.12.2016.
In rupee terms, the price of Indian Basket decreased to Rs. 3484.26 per bbl on 07.12.2016 as compared to Rs. 3542.75 per bbl on 06.12.2016. Rupee closed stronger at Rs. 67.87 per US$ on 07.11.2016 as against Rs. 68.03 per US$ on 06.12.2016.. The table below gives details in this regard:
| Particulars | Unit | Price on December 07, 2016 (Previous trading day i.e. 06.12.2016) | Pricing Fortnight for 01.12.2016
(Nov 12, 2016 to Nov 28, 2016)
|
| Crude Oil (Indian Basket) | ($/bbl) | 51.34 (52.07) | 44.87 |
| (Rs/bbl | 3484.26 (3542.75) | 3061.48 | |
| Exchange Rate | (Rs/$) | 67.87 (68.03) | 68.23 |
