Global crude oil price of Indian Basket was US$ 72.51 per bbl on 27.11.2014

Posted on 27 Nov, 2014 10:14 pm

Global crude oil price of Indian Basket was US$ 72.51 per bbl on 27.11.2014

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$ 72.51 per barrel (bbl) on 27.11.2014. This was lower than the price of US$ 76 per bbl on previous publishing day of 26.11.2014.

In rupee terms, the price of Indian Basket decreased to Rs 4486.19 per bbl on 27.11.2014 as compared to Rs 4702.12 per bbl on 26.11.2014. Rupee closed stronger at Rs 61.87 per US$ on 27.11.2014 same as on 26.11.2014.

The table below gives details in this regard:

Particulars	Unit	Price on Nov 27, 2014 (Previous trading day i.e. 25.11.2014)	Pricing Fortnight for 16.11.2014 (Oct 30 to Nov 12, 2014)
Crude Oil (Indian Basket)	($/bbl)	72.51 (76)	81.31
Crude Oil (Indian Basket)	(Rs/bbl	4486.19 (4702.12)	4997.31
Exchange Rate	(Rs/$)	61.87 (61.87)	61.46

MJPS/Daily Crude oil price- 28.11.2014