Thursday, 1 June 2017

Global Crude oil price of Indian Basket was US$ 49.86 per bbl on 31 May


The international crude oil price of Indian Basket as computed/published on Thursday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 49.86 per barrel (bbl) on 31 May. 


This was lower than the price of US$ 50.46 per bbl on previous publishing day of 30 May.

In rupee terms, the price of Indian Basket decreased to Rs. 3218.04 per bbl on 31 May as compared to Rs. 3261.56 per bbl on 30 May. 

The rupee closed stronger at Rs 64.55 per US$ on 31 May as compared to Rs. 64.63 per US$ on 30 May. 

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