This was lower than the price of US$ 106.05 per bbl on previous publishing day of May 9.
In rupee terms, the price of Indian Basket decreased marginally to Rs.6306.29 per bbl on May 12 as compared to Rs.6368.30 per bbl on may 9.
Rupee closed stronger at Rs.59.73 per US$ on May 12 as against Rs.60.05 per US$ on May 9.
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