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Global crude oil price of Indian Basket decreases

| | Jun 18, 2014, at 10:14 pm
#Indian Basket decreases
New Delhi, June 18 (IBNS) The international crude oil price of Indian Basket as computed/published on Wednesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 110.31 per barrel (bbl) on June 17.

This was lower than the price of US$ 110.42 per bbl on previous publishing day of June 16.

In rupee terms, the price of Indian Basket increased marginally to Rs 6659.41 per bbl on June 17 as compared to Rs 6626.30 per bbl on June 16.

Rupee closed weaker at Rs 60.37 per US$ on June 17 as against Rs 60.01 per US$ on June 16.

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