OREANDA-NEWS. 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\$ 53.66 per barrel (bbl) on 24.03.2015. This was higher than the price of US\$ 52.83 per bbl on previous publishing day of 23.03.2015.

In rupee terms, the price of Indian Basket increased to Rs 3337.65 per bbl on 24.03.2015 as compared to Rs 3290.78 per bbl on 23.03.2015. Rupee closed stronger at Rs 62.20 per US\$ on 24.03.2015 as against Rs 62.29 per US\$ on 23.03.2015.

 The table below gives details in this regard:

Particulars    

Unit

Price on March 24, 2015 (Previous trading day i.e. 23.03.2015)                                                                 

Pricing Fortnight for 16.03.2015

(Feb 26 to Mar 11, 2015)

Crude Oil (Indian Basket)

(\$/bbl)

   53.66             (52.83)   

  58.21

(Rs/bbl

          3337.65          (3290.78)      

3618.92

Exchange Rate

  (Rs/\$)

              62.20              (62.29)         

    62.17