Global Crude oil price of Indian Basket was US$ 62.83 per bbl on 07.11.2017

08/11/2017

Global Crude oil price of Indian Basket was US$ 62.83 per bbl on 07.11.2017

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$ 62.83 per barrel (bbl) on 07.11.2017. This was higher than the price of US$ 61.57 per bbl on previous publishing day of 06.11.2017.

In rupee terms, the price of Indian Basket increased to Rs. 4071.49 per bbl on 07.11.2017 as compared to Rs. 3984.94 per bbl on 06.11.2017. Rupee closed weaker at Rs. 64.81 per US$ on 07.11.2017 as compared to 64.73 per US$ on 06.11.2017. The table below gives details in this regard:

Particulars Unit Price on November 7, 2017 (Previous trading day i.e. 06.11.2017)
Crude Oil (Indian Basket) ($/bbl)    62.83                         (61.57)
(Rs/bbl)   4071.49                   (3984.94)
Exchange Rate (Rs/$)    64.81                         (64.73)

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