OREANDA-NEWS. 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\\$ 60.58 per barrel (bbl) on 12.12.2014. This was lower than the price of US\\$ 62.40 per bbl on previous publishing day of 11.12.2014.

In rupee terms, the price of Indian Basket decreased to Rs 3782.62 per bbl on 12.12.2014 as compared to Rs 3881.90 per bbl on 11.12.2014. Rupee closed weaker at Rs 62.44 per US\\$ on 12.12.2014 as against Rs 62.21 per US\\$ on 11.12.2014. 

The table below gives details in this regard:

Particulars

Unit

Price on Dec 12, 2014 (Previous trading day i.e. 11.12.2014)

Pricing Fortnight for 01.12.2014

(Nov 13 to Nov 26, 2014)

Crude Oil (Indian Basket)

(\\$/bbl)

60.58              (62.40)

76.43

(Rs/bbl

3782.62          (3881.90)

4723.37

Exchange Rate

(Rs/\\$)

62.44              (62.21)

61.80