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\$ 56.71 per barrel (bbl) on 25.02.2015. This was lower than the price of US\$ 56.76 per bbl on previous publishing day of 24.02.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3518.86 per bbl on 25.02.2015 as compared to Rs 3535.01 per bbl on 24.02.2015. Rupee closed stronger at Rs 62.05 per US\$ on 25.02.2015 as against Rs 62.28 per US\$ on 24.02.2015.

 The table below gives details in this regard:

Particulars      

Unit

Price on Feb 25, 2015 (Previous trading day i.e. 24.02.2015)                                                                 

Pricing Fortnight for 16.02.2015

(Jan 29 to Feb 11, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

   56.71              (56.76)  

  52.70

(Rs/bbl

          3518.86           (3535.01)      

3258.97

Exchange Rate

  (Rs/\$)

              62.05              (62.28)         

    61.84