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Global Crude oil price of Indian Basket was US$ 39.48 per bbl on 03.08.2016

August 4, 2016, 12:51 am
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Ministry of Petroleum & Natural Gas04-August, 2016 11:10 IST
Global Crude oil price of Indian Basket was US$ 39.48 per bbl on 03.08.2016

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$ 39.48 per barrel (bbl) on 03.08.2016. This was lower than the price of US$ 39.49 per bbl on previous publishing day of 02.08.2016.
In rupee terms, the price of Indian Basket increased to Rs. 2642.60 per bbl on 03.08.2016 as compared to Rs. 2636.08 per bbl on 02.08.2016. Rupee closed weaker at Rs. 66.94 per US$ on 03.08.2016 as against Rs. 66.76per US$ on 02.08.2016.The table below gives details in this regard:

Particulars     
Unit
Price on August 03, 2016 (Previous trading day i.e. 02.08.2016)                                                                  
Pricing Fortnight for 01.08.2016
(July 14, 2016 to July 27, 2016)
Crude Oil (Indian Basket)
($/bbl)
                  39.48             (39.49)         
   43.20
(Rs/bbl
                 2642.60       (2636.08)       
2901.31
Exchange Rate
  (Rs/$)
                  66.94             (66.76)
   67.16


YKB/Rk/Daily Crude Oil Price- 04.08.2016      



(Release ID :148318)

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