Ministry of Petroleum and Natural Gas of Repub : Global Crude oil price of Indian Basket was US$ 54.41 per bbl on 30.12.2016

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$ 54.41 per barrel (bbl) on 30.12.2016. This was lower than the price of US$ 54.55 per bbl on previous publishing day of 29.12.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 3697.71 per bbl on 30.12.2016 as compared to Rs. 3716.49 per bbl on 29.12.2016. Rupee closed stronger atRs 67.95 per US$ on 30.12.2016 as against Rs 68.12 per US$ on 29.12.2016. The table below gives details in this regard:

Particulars	Unit	Price on December 30, 2016 (Previous trading day i.e. 29.12.2016)	Pricing Fortnight for 01.01.2017 (Dec 14, 2016 to Dec 28, 2016)
Crude Oil (Indian Basket)	($/bbl)	54.41 (54.55)	53.05
	(Rs/bbl	3697.71 (3716.49)	3599.97
Exchange Rate	(Rs/$)	67.95 (68.12)	67.86

YKB/Rk/Daily Crude Oil Price