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$ 56.09 per barrel (bbl) on 12.03.2015. This was higher than the price of US$ 55.01 per bbl on previous publishing day of 11.03.2015.
In rupee terms, the global crude oil price of Indian Basket increased to Rs 3509.55 per bbl on 12.03.2015 as compared to Rs 3451.88 per bbl on 11.03.2015. Rupee closed stronger at Rs 62.57 per US$ on 12.03.2015 as against Rs 62.75 per US$ on 11.03.2015.
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