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IND: Crude oil price of Indian Basket rises |
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This was higher than the price of US$ 112.50/bbl prevailing on the previous trading day of Feb 1.
In rupee terms also, the crude oil price declined to Rs 5994.09/bbl on Feb 4 as compared to Rs 5998.50/bbl on Feb 1.
This was due to rupee appreciation as rupee dollar-exchange rate on Feb 4 at Rs 52.97/US$ against Rs 53.32/US$ on previous trading day of Feb 1.
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