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of <h1>Crude Oil Price for Indian Basket Rises to $107.18 per Barrel Amid Rupee Depreciation and Global Market Fluctuations.</h1> The international crude oil price for the Indian Basket rose to $107.18 per barrel on December 18, 2012, up from $106.96 the previous day. In rupee terms, the price increased from Rs 5843.22 to Rs 5878.82 per barrel due to a rise in dollar terms and rupee depreciation. The exchange rate on December 18 was Rs 54.85 per US dollar, compared to Rs 54.63 on December 17. This price change reflects fluctuations in both the global oil market and currency exchange rates.
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