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$ 50.10 per barrel (bbl) on 12.10.2015. This was lower than the price of US$ 50.68 per bbl on previous publishing day of 09.10.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3242.81 per bbl on 12.10.2015 as compared to Rs 3283.36 per bbl on 09.10.2015. Rupee closed stronger at Rs 64.73 per US$ on 12.10.2015 as against Rs 64.78 per US$ on 09.10.2015. The table below gives details in this regard:




Price on October 12, 2015 (Previous trading day i.e. 09.10.2015)                                                                  

Pricing Fortnight for 01.10.2015

(Sep 12 to Sep 28, 2015)

Crude Oil (Indian Basket)


              50.10              (50.68)                



           3242.81          (3283.36)       


Exchange Rate


               64.73            (64.78)