New Delhi: The international crude oil price of Indian Basket as computed on Monday (May 11) by Petroleum Planning and Analysis Cell (PPAC) under the Indian Ministry of Petroleum and Natural Gas was US$ 63.56 per barrel (bbl). This was lower than the price of US$ 64.05 per bbl on previous publishing day May 8, 2015.
In rupee terms, the price of Indian Basket decreased to Rs 4058.31 per bbl on May 11 as compared to Rs 4102.40 per bbl on May 8. Rupee also closed stronger at Rs 63.85 per US$ on May 11 as against Rs 64.05 per US$ on May 8..
The table below gives details:
|Particulars||Unit||Price on May 11, 2015(Previous trading day i.e. 08.05.2015)||Pricing Fortnight for 01.05.2015
(April 11 to April 28, 2015)
|Crude Oil (Indian Basket)||($/bbl)||63.56 (64.05)||60.30|
|Exchange Rate||(Rs/$)||63.85 (64.05)||62.85|