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26 March, 2017 20:22 IST
Crude oil price of Indian basket rises 1%
Source: IRIS | 17 Mar, 2017, 12.29PM
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The international crude oil price of Indian basket gained 1.01% to USD 50.76 a barrel (bbl) on March 16, 2017 as against USD 50.25 a bbl on March 15, 2017.

In rupee terms, the price of Indian basket increased to Rs 3,318.91 a bbl on March 16, 2017 as compared to Rs 3,292.37 a bbl on March 15, 2017.

Rupee closed stronger at Rs 65.38 per USD on March 16, 2017 as compared to Rs 65.51 per USD on March 15, 2017.

Local stock markets continued to gain for the second day on Friday. At 12.19 p.m, the Sensex was trading up 72.79 points or 0.25% at 29,658.64 with 10 components gaining. Meanwhile, the Nifty was trading higher by 1.05 points or 0.01% at 9,154.75 with 13 components gaining.

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