Brent crude futures were up USD 1.17, or 1.9 per cent, at USD 63.10 a barrel by 0505 GMT.
Similarly, inflation in potato was (-) 24.27 per cent against (-) 23.36 per cent in May.
Petroleum Minister Dharmendra Pradhan said this in a written reply to a question in the Lok Sabha.
IOC has signed separate annual contracts with Norway’s Equinor and Algeria’s Sonatrach to buy 4.6 million tonnes of US oil.
OPEC, Russia and other non-OPEC producers have agreed to reduce output by 1.2 bpd from Jan 1 for six months.