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इंडियन आवाज़     29 Mar 2024 11:27:07      انڈین آواز

Global Crude price of Indian Basket Was $48.18/bbl on May 10

AMN /

crude

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$ 48.18* per barrel (bbl) on 10.05.2017. This was higher than the price of US$ 48.14 per bbl on previous publishing day of 08.05.2017*.

In rupee terms, the price of Indian Basket increased to Rs. 3108.10 per bbl on 10.05.2017 as compared to Rs. 3091.17 per bbl on 08.05.2017. Rupee closed weaker at Rs. 64.51 per US$ on 10.05.2017 as compared to Rs. 64.22 per US$ on 08.05.2017**. The table below gives details in this regard:

Particulars     Unit Price on May 10, 2017 Previous trading day i.e. 08.05.2017*) Pricing Fortnight for 01.05.2017

(April 12, 2017 to April 26, 2017)

Crude Oil (Indian Basket) ($/bbl)              48.18*               (48.14) 52.36
(Rs/bbl)             3108.10           (3091.17) 3374.60
Exchange Rate   (Rs/$)              64.51**             (64.22) 64.45

* Since Oman & Dubai prices are not available due to holiday in Singapore on 10th May, 2017, the price of Indian Basket Crude Oil cannot be derived. Therefore, price of Indian Basket as of 9th May 2017 has been considered.

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