If you’re reading Internationally, the price of crude Oil hovers at 50 Dollar
On Importing Oil - Barrel Cost + Ocean Freight at 2 Dollar needs to be paid - effectively implying - 52 $ per barrel as import cost. This is Equivalent to Rs 3485 in INR (keeping exchange rate at Rs. 67.04 / USD )
» 1 barrel of crude Oil is Equivalent to around 159 Litres of Crude Oil
» Raw Crude Oil in Indian Currency: Rs. 3486 / 159 = Rs 21.92 per Litre approx