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Global Crude oil price of Indian Basket was US$ 31.06 on Tuesday

by IBNS 10 Feb 2016, 08:46 am

New Delhi, Feb 10 (IBNS) Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas computed the international crude oil price of Indian Basket as U$ 31.06 per barrel (bbl) on Tuesday.

With the Singapore market closed on Feb 8 and 9 due to holidays, Oman and Dubai prices were not available and hence the price of Indian Basket Crude oil could not be derived and the price as Feb 5 has been considered.
 
In rupee terms, the price of Indian Basket increased to Rs 2116.83 per bbl on Tuesday, up from Rs 2106.17 per bbl on Monday. Rupee closed weaker at Rs 68.16 per US$ on Tuesday against Rs 67.82 per US$ on Monday.