Global crude oil price of Indian Basket US$ 45.93 per bbl on 03.11.2015

By | November 4, 2015
(Last Updated On: November 4, 2015)

Ministry of Petroleum & Natural Gas                               04-November, 2015 10:08 IS

Global crude oil price of Indian Basket was US$ 45.93 per bbl on 03.11.2015

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$ 45.93 per barrel (bbl) on 03.11.2015. This was lower than the price of US$ 46.27 per bbl on previous publishing day of 02.11.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3006.22 per bbl on 03.11.2015 as compared to Rs 3029.82 per bbl on 02.11.2015. Rupee closed stronger at Rs 65.45 per US$ on 03.11.2015 as against Rs 65.48 per US$ on 02.11.2015. The table below gives details in this regard:


Particulars     UnitPrice on November 03, 2015 (Previous trading day i.e. 02.11.2015)Pricing Fortnight for 01.11.2015

(Oct 14 to Oct 28, 2015)

Crude Oil (Indian Basket)($/bbl)              45.93              (46.27)  45.55
(Rs/bbl           3006.22         (3029.82)2958.93
Exchange Rate  (Rs/$)               65.45            (65.48)    64.96


MJPS/Rk/Daily Crude Oil Price- 04.11.2015      
(Release ID :130192)

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