Global crude oil price of Indian basket rises to $ 53.06/bbl

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 $ 53.06 per barrel (bbl) on September 12 from $ 52.73 per bbl on the previous day.
An official press release said that, in rupee terms, the price of the Indian basket increased to Rs. 3392.90 per bbl on 12.09.2017 as compared to Rs. 3368.39 per bbl on 11.09.2017. 
The rupee closed weaker at Rs. 63.95 per US$ on 12.09.2017 as compared to Rs. 63.89 per US$ on 11.09.2017, the release added.


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