Oil basket Indian
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Oil basket Indian is the weighted average price of imported grades, used as an indicator of the purchase portfolio in the energy sector with the main importer in India, serving as a price reference for the largest buyer. In 2026-07 prices ranged from 68.21 USD/bbl. to 103.33 USD/bbl. with an average of 83.71 USD/bbl. The index reflects the portfolio of imported oil grades by India.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(189221, date)
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