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$ 54.29 per barrel (bbl) on 13.01.2017. This was higher than the price of US$ 53.95 per bbl on previous publishing day of 12.01.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3704.29 per bbl on 13.01.2017 as compared to Rs. 3673.26 per bbl on 12.01.2017. Rupee closed weaker atRs.68.23 per US$ on 13.01.2017 as compared to Rs. 68.09per US$ on 12.01.2017. The table below gives details in this regard:

Particulars

Unit

Price on January 13, 2017 (Previous trading day i.e. 12.01.2017)

Pricing Fortnight for 16.01.2017

(Dec 29, 2016 to Jun 11, 2016)

Crude Oil (Indian Basket)

($/bbl)

54.29 (53.95)

54.24

(Rs/bbl

3704.29 (3673.26)

3691.57

Exchange Rate

(Rs/$)

68.23 (68.09)

68.06

RG/RK/SA/Daily Crude Oil Price

Ministry of Petroleum and Natural Gas of the Republic of India published this content on 16 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2017 10:20:02 UTC.

Original documenthttp://pib.nic.in/newsite/PrintRelease.aspx?relid=157367

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