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Construction : Exclusive Report | May 2014 | Source : Construction Update

Global crude oil price of Indian Basket rises to US$ 106.05 per bbl

The international crude oil price of Indian Basket as computed/published by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 106.05 per barrel (bbl) on 09.05.2014. This was higher than the price of US$ 105.50 per bbl on previous publishing day of 08.05.2014. In rupee terms, the price of Indian Basket increased marginally to Rs 6368.30 per bbl on 09.05.2014 as compared to Rs 6328.95 per bbl on 08.05.2014. Rupee closed weaker at Rs 60.05 per US$ on 09.05.2014 as against Rs 59.99 per US$ on 08.05.2014.
 
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