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of <h1>Indian Basket Crude Oil Price Rises to $112.50/Barrel on February 1, 2013; Rupee Depreciates Slightly.</h1> The international crude oil price for the Indian Basket rose to $112.50 per barrel on February 1, 2013, as reported by the Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas. This was a slight increase from the previous day's price of $112.39 per barrel. In Indian rupee terms, the price increased to Rs 5998.50 per barrel, up from Rs 5989.26 per barrel, due to the rupee depreciating to Rs 53.32 against the US dollar, compared to Rs 53.29 on the prior trading day.
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