Global crude oil price of Indian Basket was US$ 98.11 per bbl on 08.09.2014

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$ 98.11 per barrel (bbl) on 08.09.2014. This was lower than the price of US$ 99.66 per bbl on previous publishing day of 05.09.2014.

In rupee terms, the price of Indian Basket decreased to Rs 5912.11 per bbl on 08.09.2014 as compared to Rs 6023.45 per bbl on 05.09.2014. Rupee closed stronger at Rs 60.26 per US$ on 08.09.2014 as against Rs 60.44 per US$ on 05.09.2014.
The table below gives details in this regard:

Particulars

Unit

Price on Sep 08, 2014 (Previous trading day i.e. 05.09.2014)

Pricing Fortnight for 01.09.2014

(13 to Aug 26, 2014)

Crude Oil (Indian Basket)

($/bbl)

98.11 (99.66)

100.71

(Rs/bbl

5912.11 (6023.45)

6116.12

Exchange Rate

(Rs/$)

60.26 (60.44)

60.73

YKB/Daily Crude oil price- 09.09.2014