Ministry of Petroleum & Natural Gas of Govt of India on 13-November, 2015:-
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$ 42.41 per barrel (bbl) on 12.11.2015. This was lower than the price of US$ 43.78 per bbl on previous publishing day of 11.11.2015.
In rupee terms, the price of Indian Basket decreased to Rs 2813.92 per bbl on 12.11.2015 as compared to Rs 2904.49 per bbl on 11.11.2015. Rupee closed at Rs 66.35 per US$ on 12.11.2015. The table below gives details in this regard:
|Particulars||Unit||Price on November 12, 2015 (Previous trading day i.e. 11.11.2015)||Pricing Fortnight for 01.11.2015
(Oct 14 to Oct 28, 2015)
|Crude Oil (Indian Basket)||($/bbl)||42.41 (43.78)||45.55|
* RBI reference rate for 12.11.2015 is not available. Therefore reference rate of 10.11.2015 has been considered.