Global Crude oil price of Indian Basket was US$ 50.51 per bbl on 23.08.2017

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$ 50.51 per barrel (bbl) on 23.08.2017. This was lower than the price of US$ 50.56 per bbl on previous publishing day of 22.08.2017.

In rupee terms, the price of Indian Basket decreased to Rs. 3238.93 per bbl on 23.08.2017 as compared to Rs. 3241.28 per bbl on 22.08.2017. Rupee closed weaker at Rs. 64.13 per US$ on 23.08.2017 as compared to Rs. 64.11 per US$ on 22.08.2017. The table below gives details in this regard:

Particulars Unit Price on August 23, 2017 Previous trading day i.e. (22.08.2017)
Crude Oil (Indian Basket) ($/bbl)          50.51               (50.56)
(Rs/bbl)        3238.93          (3241.28)
Exchange Rate (Rs/$)          64.13             (64.11)