The international crude oil price of Indian basket declined 1.03% to USD 52.73 a barrel (bbl) on May 25, 2017 as against USD 53.28 a bbl on May 24, 2017.
In rupee terms, the price of Indian basket decreased to Rs 3,401.49 a bbl on May 25, 2017 as compared to Rs 3,455.43 a bbl on May 24, 2017.
Rupee closed stronger at Rs. 64.51 per USD on May 25, 2017 as against Rs. 64.86 per USD on May 24, 2017.
Local stock markets continued to rally for the second day on Friday. Both Sensex and Nifty were trading at a new life time high. At 11.15 a.m, the Sensex was trading up 138.44 points or 0.45% at 30,888.47 with 20 components gaining. Meanwhile, the Nifty was trading higher by 48.20 points or 0.51% at 9,557.95 with 35 components gaining.