In rupee terms, price of decreased marginally to Rs.6344.36 per bbl on March 24 as compared to Rs.6394.38 per bbl on March 21.

This was due to decrease in price in dollar terms and rupee appreciation. Rupee closed stronger at Rs.60.70 per US$ on March 21 as against Rs.61.05 per US$ on previous trading of March 20.