Global Crude oil price of Indian Basket was US$ 53.38 per bbl on 13.12.2016


New Delhi, Dec 14: 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$ 53.38 per barrel (bbl) on 13.12.2016. This was lower than the price of US$ 54.42 per bbl on previous publishing day of 12.12.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3602.70 per bbl on 13.12.2016 as compared to Rs. 3677.60 per bbl on 12.12.2016. Rupee closed stronger at Rs 67.49 per US$ on 13.12.2016 as against Rs 67.58 per US$ on 12.12.2016.

Source: PIB

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