Business & Economy

Global crude oil price of Indian basket falls to $ 53.63/bbl

NetIndian News Network

New Delhi, February 9, 2017

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 $ 53.63 per barrel (bbl) yesterday from $ 54.30 per bbl on the previous day.
In rupee terms, the price of Indian basket decreased to Rs. 3609.37 per bbl on 08.02.2017 as compared to Rs. 3658.08 per bbl on 07.02.2017, an official press release said.
The rupee closed stronger at Rs. 67.31 per US$ on 08.02.2017 as compared to Rs. 67.37 per US$ on 07.02.2017, the release added.