Global crude oil price of Indian Basket was US$ 60.89 per bbl on 28.05.2015

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$ 60.89 per barrel (bbl) on 28.05.2015. This was lower than the price of US$ 62.22 per bbl on previous publishing day of 27.05.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3890.87 per bbl on 28.05.2015 as compared to Rs 3978.97 per bbl on 27.05.2015. Rupee closed stronger at Rs 63.90 per US$ on 28.05.2015 as against Rs 63.95 per US$ on 27.05.2015. The table below gives details in this regard:

 

Particulars      Unit Price on May 28, 2015 (Previous trading day i.e. 27.05.2015) Pricing Fortnight for 16.05.2015

(April 29 to May 13, 2015)

Crude Oil (Indian Basket) ($/bbl)   60.89              (62.22)   64.51
(Rs/bbl            3890.87          (3978.97) 4115.09
Exchange Rate   (Rs/$)                63.90              (63.95)     63.79

  MJPS/Rk/Daily Crude oil price- 29.05.2015

Source: pib.nic.in

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Amit Antil

After doing Power Management (MBA) from National Power Training Institute (NPTI), Amit Antil is now presently working with Today Green Energy Pvt. Ltd. and looking after business development activities for Solar. Earlier he was associated with leading power trading company Global Energy for 3 years. He has a sound knowledge about bidding, power trading, open access, REC trading, Govt. Liaisoning, Contract Negotiation, Power Purchase Agreement.

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