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\$ 58.51 per barrel (bbl) on 04.03.2015. This was lower than the price of US\$ 58.84 per bbl on previous publishing day of 03.03.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3618.84 per bbl on 04.03.2015 as compared to Rs 3638.67 per bbl on 03.03.2015. Rupee closed weaker at Rs 61.85 per US\$ on 04.03.2015 as against Rs 61.84 per US\$ on 03.03.2015.

 The table below gives details in this regard:

Particulars    

Unit

Price on March 04, 2015 (Previous trading day i.e. 03.03.2015)                                                                 

Pricing Fortnight for 01.03.2015

(Feb 12 to Feb 25, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

   58.51             (58.84)   

  57.84

(Rs/bbl

          3618.84          (3638.67)      

3598.80

Exchange Rate

  (Rs/\$)

              61.85              (61.84)         

    62.22