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 went down to US$ 109.39 per barrel (bbl) on 02.07.2014. This was lower than the price of US$ 109.55 per bbl on previous publishing day of 01.07.2014.
In rupee terms, the price of Indian Basket decreased to Rs 6560.12 per bbl on 02.07.2014 as compared to Rs 6588.34 per bbl on 01.07.2014. Rupee closed stronger at Rs 59.97 per US$ on 02.07.2014 as against Rs 60.14 per US$ on 01.07.2014.