Global crude oil price of Indian basket rises to $ 54.88/bbl
New Delhi, January 4, 2017
The international crude oil price of the Indian basket, as computed and published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, rose to $ 54.88 per barrel (bbl) yesterday from $ 54.41 per bbl on the previous day.
In rupee terms, the price of the Indian basket increased to Rs. 3736.33 per bbl on 03.01.2017 as compared to Rs. 3701.40 per bbl on 02.01.2017, an official press release said.
The rupee closed weaker at Rs. 68.09 per US$ on 03.01.2017 as compared to Rs. 68.02 per US$ on 02.01.2017, it added.