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Global Crude oil price of Indian Basket was US$ 44.59 per bbl on 02.05.2016
Posted on: 03/May/2016 2:33:56 PM
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$ 44.59 per barrel (bbl) on 02.05.2016. This was higher than the price of US$ 43.86 per bbl on previous publishing day of 28.04.2016.
In rupee terms, the price of Indian Basket decreased to Rs. 2958.23 per bbl on 02.05.2016 as compared to Rs. 2965.99 per bbl on 29.04.2016. Rupee closed stronger at Rs 66.34 per US$ on 02.05.2016 as against Rs 66.52 per US$ on 29.04.2016.
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