Month-wise Average International Crude Oil Prices (Indian Basket) from 2010-11 to 2016-17

September 10, 2018

Author: susil

We have seen an increase of 29.06% in Average Prices of International Crude Oil (Indian Basket) to US$ 51.47 per barrel during March-2017 versus US$ 39.88 per barrel during April-2016. We have observed decline of -38.34% in Average Prices of International Crude Oil (Indian Basket) from US$ 59.07 per barrel during April-2015 to US$ 36.42 per barrel during March-2016.

Average International Crude Oil Prices (Indian Basket) was US$ 84.13 per barrel in April-2010. It has increased by 41.2% to US$ 118.79 per barrel in the same month during 2011, whereas it has decreased by -52.6% to US$ 39.88 per barrel in April-2016 as compared to April-2010. Average International Crude Oil Prices (Indian Basket) was US$ 101.16 per barrel in February-2011. It has increased by 16.32% to US$ 117.67 per barrel in the same month during 2012, whereas it has decreased by -45.77% to US$ 54.86 per barrel in February-2017 as compared to February-2011. Average International Crude Oil Prices (Indian Basket) was US$ 110.72 per barrel in March-2011. It has increased by 11.64% to US$ 123.61 per barrel in the same month during 2012, whereas it has decreased by -53.51% to US$ 51.47 per barrel in March-2017 as compared to March-2011.

Maximum monthly Average International Crude Oil Prices (Indian Basket) of US$ 123.61 per barrel was recorded in March-2012 during the period under consideration. Minimum monthly Average International Crude Oil Prices (Indian Basket) of US$ 28.08 per barrel was recorded in January-2016 during the period under consideration.

Note: Data values are in US$/bbl; Source : PPAC.

Dataset URL: https://data.gov.in/catalog/indian-petroleum-and-natural-gas-statistics-2016-17

Resource Title: Month & Year-wise average International Crude Oil Prices (Indian Basket) from 2010-11 to 2016-17