The international crude oil price of Indian basket gained 1.99% to USD 52.30 a barrel (bbl) on May 19, 2017 as against USD 51.28 a bbl on May 18, 2017.
In rupee terms, the price of Indian basket increased to Rs 3,399.00 a bbl on May 19, 2017 as compared to Rs 3,299.35 a bbl on May 18, 2017.
Rupee closed weaker at Rs. 64.99 per USD on May 19, 2017 as against Rs. 64.34 per USD on May 18, 2017.
Local stock market continued to rally for the second day on Monday. At 12.51 p.m, the Sensex was trading up 111.62 points or 0.37% at 30,576.54 with 12 components gaining. Meanwhile, the Nifty was trading higher by 19.55 points or 0.21% at 9,447.45 with 15 components gaining.