The international crude oil price of Indian Basket increased 0.30% to USD 104.83/a barrel (bbl) on Jan. 20, 2014. This was lower by about one USD than the price of USD 104.52/bbl on previous trading day of Jan. 17, 2014.
In rupee terms also the crude oil of price Indian Basket went increased to Rs 6,460.67 a bbl on Jan. 20, 2014 as compared to Rs 6,412.30/bbl on Jan. 17, 2014. This was due to price increase in dollar terms and also because of rupee depreciation.
Rupee closed weaker at Rs 61.63/USD on Jan. 20, 2014 against Rs 61.35/USD on Jan. 17, 2014.