The international crude oil price of Indian Basket up marginally 0.07% to USD 103.65 a barrel (bbl) on Feb. 5, 2014. This was higher than the price of USD 103.58/bbl on previous trading day of Feb. 4, 2014.
In rupee terms also the crude oil of price Indian Basket went declined to Rs 6,472.94 a bbl on Feb. 5, 2014 as compared to Rs 6,492.39/bbl on Feb. 4, 2014. This was due to stronger rupee which negated the losses from price rise in dollar terms.
Rupee closed weaker at Rs 62.45/USD on Feb. 5, 2014 against Rs 62.68/USD on Feb. 4, 2014.