Crude oil price decreases

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New Delhi: The international crude oil price of Indian Basket as published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 52.89 per barrel (bbl) on 05.02.2015. This was lower than the price of US$ 54.97 per bbl on previous publishing day of 04.02.2015.

In rupee terms, the price of Indian Basket decreased to Rs 3272.30 per bbl on 05.02.2015 as compared to Rs 3390.55 per bbl on 04.02.2015. Rupee closed weaker at Rs 61.87 per US$ on 05.02.2015 as against Rs 61.68 per US$ on 04.02.2015.