Business & Economy

Global crude oil price of Indian basket rises to $ 50.20/bbl

NetIndian News Network

New Delhi, February 3, 2015

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, rose to $ 50.20 per barrel (bbl) yesterday from $ 46.73 per bbl on the previous publishing day of January 30.
An official press release said that, in rupee terms, the price of the Indian basket incrased to Rs 3106.38 per bbl on 02.02.2015 as compared to Rs 2886.04 per bbl on 30.01.2015. 
The rupee closed weaker at Rs 61.88 per US$ on 02.02.2015 as against Rs 61.76 per US$ on 30.01.2015, it added.

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