Crude oil price of India’s global basket rises slightly

The international crude oil price of the Indian basket was $25.31/barrel on January 19, slightly higher than $24.96/barrel a day before when the figure was last computed, the petroleum and natural gas ministry said in a statement.

In rupee terms, the price of Indian basket increased to Rs 1710.29/barrel on January 19 against  Rs 1687.27 the day before. The rupee closed stronger at Rs 67.56 per US$ on January 19 against Rs 67.59 per US$ on January 18, it said.

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