Global crude oil price of Indian Basket continued to be US$ 108.05 per bbl on 26.05.2014

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 continued to be US$ 108.05 per barrel (bbl) on 26.05.2014, the same as on previous publishing day of 23.05.2014

In rupee terms, the price of Indian Basket increased marginally to Rs 6330.65 per bbl on 26.05.2014 as compared to Rs 6318.76 per bbl on 23.05.2014.  Rupee closed weaker at Rs 58.59 per US$ on 26.05.2014 as against Rs 58.48 per US$ on 23.05.2014. 

The table below gives details in this regard:

Particulars	Unit	Price on May 26, 2014(Previous trading day i.e. 23.05.2014)	Pricing Fortnight for 16.05.2014 (April 29 to May 13 , 2014)
Crude Oil (Indian Basket)	($/bbl)	108.05              (108.05)	105.80
	(Rs/bbl	6330.65             (6318.76)	6358.58
Exchange Rate	(Rs/$)	58.59               (58.48)	60.10