The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 49.41 per barrel (bbl) on 15.08.2017. This was lower than the price of US$ 50.63 per bbl on previous publishing day of 14.08.2017.
In rupee terms, the price of Indian Basket decreased to Rs. 3163.51 per bbl on 15.08.2017 as compared to Rs. 3241.54 per bbl on 14.08.2017. Rupee closed at Rs. 64.03* per US$ on 15.08.2017. The table below gives details in this regard:
| Particulars | Unit | Price on August 15, 2017 Previous trading day i.e. (14.08.2017) |
| Crude Oil (Indian Basket) | ($/bbl) | 49.41 (50.63) |
| (Rs/bbl) | 3163.51 (3241.54) | |
| Exchange Rate | (Rs/$) | 64.03* |
*RBI reference rate for 15.08.2017 is not available. There reference rate of 14.08.2017 has been considered.
