Global crude oil price of Indian Basket was US$ 51.53 per bbl on 05.01.2015

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$ 51.53 per barrel (bbl) on 05.01.2015. This was lower than the price of US$ 54.45 per bbl on previous publishing day of 02.01.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3266.49 per bbl on 05.01.2015 as compared to Rs 3446.14 per bbl on 02.01.2015. Rupee closed weaker at Rs 63.39 per US$ on 05.01.2015 as against Rs 63.29 per US$ on 02.01.2015.

The table below gives details in this regard:

Particulars Unit Price on Jan 05, 2015 (Previous trading day i.e. 02.01.2015) Pricing Fortnight for 01.01.2015

(Dec 12 to Dec 29, 2014)

Crude Oil (Indian Basket) ($/bbl) 51.53              (54.45) 58.12
(Rs/bbl 3266.49           (3446.14) 3676.67
Exchange Rate (Rs/$) 63.3.9               (63.29) 63.26


  MJPS/Rk/Daily Crude oil price- 06.01.2015