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\$ 49.22 per barrel (bbl) on 06.01.2015. This was lower than the price of US\$ 51.53 per bbl on previous publishing day of 05.01.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3120.06 per bbl on 06.01.2015 as compared to Rs 3266.49 per bbl on 05.01.2015. Rupee-dollar exchange rate remained unchanged at Rs 63.39 per US\$ on 06.01.2015 as compared to 05.01.2015.

The table below gives details in this regard:

Particulars

Unit

Price on Jan 06, 2015 (Previous trading day i.e. 05.01.2015)

Pricing Fortnight for 01.01.2015

(Dec 12 to Dec 29, 2014)

Crude Oil (Indian Basket)

(\$/bbl)

49.22              (51.53)

58.12

(Rs/bbl

3120.06           (3266.49)

3676.67

Exchange Rate

(Rs/\$)

63.39               (63.39)

63.26