Business & Economy

Global crude oil price of Indian basket falls to $ 27.72/bbl

NetIndian News Network

New Delhi, February 11, 2016

The international crude oil price of the Indian basket, as computed and published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, fell to $ 27.72 per barrel (bbl) yesterday from $ 31.06 per bbl on the previous publishing day of February 5.
In rupee terms, the price of the Indian basket decreased to Rs 1881.77 per bbl on 10.02.2016 as compared to Rs 2116.83 per bbl on 09.02.2016, an official press release said.
The rupee closed stronger at Rs 67.88 per US$ on 10.02.2016 as against Rs 68.16 per US$ on 09.02.2016, the release added.