India relies more than 80 per cent on imports to meet its oil needs. Every dollar per barrel change in crude oil prices impacts the import bill by Rs 823 crore ($0.13 billion). 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (Brent) Price Per 1 Ton 236.99 USD 1 Barrel = 336 Pint Oil (Brent) Price Per 1 Pint 0.10 USD 1 Barrel = 42 Gallons However, the most recent decline in prices has raised expectations that OPEC and its allies would implement deeper cuts to stabilise the market. US crude oil dropped as much as 0.5% to $55.72 per barrel while Brent crude fell nearly 0.3% to $61.07 per barrel, around 06:30 AM NY time. Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude It was explained by the rising oil demand in countries like China and India. By 20 January 2016, the OPEC Reference Basket was down to US$22.48/bbl—less than one-fourth of its high from June 2014 ($110.48), less than Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin America greatly influence the price of oil, since they Find Crude Oil Price in India, Crude Oil Price Chart, Forecast, News and more. Average Price (Rs/1 BBL ):2170.00; Open Interest (Contracts):12972; Open Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.
Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 18, 2019 is 53.82 per barrel. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.
Mar 19, 2017 When crude oil prices crashed into the $20 range early last year, it had on average it cost Saudi Arabia less than $9 to produce a barrel of oil last year. Here's a look at why Saudi oil is so cheap, and what one emerging Latest CRUDEOIL rate/price in India, Bullion stock quote, Live CRUDEOIL News, Updates, Price Chart, Lot Size, CRUDEOIL MCX Price, Price Forecast Crude Oil (TVC/USD) WTI Crude Oil chart by
Crude Oil Price in India for Last 10 Days. Last 10 days Crude Oil price in India given in rupees per 1 BBL (barrel).