Global crude oil price of Indian Basket was US$ 60.23 per bbl on 16.04.2015

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$ 60.23 per barrel (bbl) on 16.04.2015. This was higher than the price of US$ 58.36 per bbl on previous publishing day of 15.04.2015.

In rupee terms, the price of Indian Basket increased to Rs 3756.55 per bbl on 16.04.2015 as compared to Rs 3641.66 per bbl on 15.04.2015. Rupee closed stronger at Rs 62.37 per US$ on 16.04.2015 as against Rs 62.40 per US$ on 15.04.2015. The table below gives details in this regard:

Particulars	Unit	Price on April 16, 2015(Previous trading day i.e. 15.04.2015)	Pricing Fortnight for 16.04.2015 (March 28 to April 10, 2015)
Crude Oil (Indian Basket)	($/bbl)	60.23              (58.36)	54.92
	(Rs/bbl	3756.55          (3641.66)	3425.91
Exchange Rate	(Rs/$)	62.37              (62.40)	62.38