Business & Economy

Global crude oil price of Indian basket falls to $ 84.41/bbl

NetIndian News Network

New Delhi, October 29, 2014

The international crude oil price of the Indian basket, as computed today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, decreased to $ 84.41 per barrel (bbl) on 28.10.2014. 
This was lower than the price of $ 84.49 per bbl on the previous publishing day of 27.10.2014, an official press release said.
In rupee terms, the price of the Indian basket increased to Rs 5178.55 per bbl on 28.10.2014 as compared to Rs 5173.32 per bbl on 27.10.2014. 
The rupee closed weaker at Rs 61.35 per US$ on 28.10.2014 as against Rs 61.23 per US$ on 27.10.2014, the release added.

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