This was higher than the price of USUSD 108.31/bbl which prevailed on the previous trading day of Oct 10.
In rupee terms however, the crude oil price fell to Rs 6660.94 per bbl on Oct 11 as compared to Rs 6730.38 /bbl on Oct 10.
This was owing to rupee appreciation.
Rupee closed stronger with exchange rate on Oct 11 was Rs 61.16/USUSD against Rs 62.14/bbl on previous trading day of Oct 10.
--IBNS (Posted on 15-10-2013)