Global Crude Oil Price Declines


Global Crude Oil Price Declines

oil dropNew Delhi:  International crude oil price went down to US$ 104.81 per barrel (bbl) on March 26. This was lower than the price of US$ 104.91 per bbl on previous trading day of March 25.

In rupee terms, price of Indian Basket declined marginally to Rs 6306.42 per bbl on March 26 as compared to Rs 6346.01 per bbl on March 25. This was due to decrease in price in dollar terms and rupee appreciation. Rupee closed stronger at Rs 60.17 per US$ on March 26 as against Rs 60.49 per US$ on previous trading of March 25.

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