This was higher than the price of USUSD 111.59/bbl which prevailed on the previous trading day of Sept 3.
In rupee terms also, the crude oil price increased to Rs 7522.78 per bbl on Sept 4 as compared to Rs 7464.26 /bbl on Sept 3.
This was owing to price increase in dollar terms and also because of rupee depreciation.
Rupee-dollar exchange rate on Sept 4 was Rs 67.03/USUSD against Rs 66.89/USUSD on previous trading day of Sept 3.
--IBNS (Posted on 05-09-2013)