Mumbai, Oct. 23 -- The Indian rupee depreciated for the second consecutive day and fell 12 paise to close at 94.93 (provisional) against the US dollar on Friday, pressured by rising crude prices and sluggish domestic equities, with ongoing Saudi-Houthi tensions threatening to keep oil markets volatile. Rupee is likely to trade with a slight negative bias on global dollar strength and Brent crude prices hovering near USD 114 per barrel. Renewed tensions between Yemeni Houthis and Saudi Arabia may continue to impact crude oil prices, they said, adding that the US dollar index recovered while 10-year US Treasury yields slipped below the 5 per cent mark. Indian shares gave up early gains to end lower on Friday, extending losses for a fourth c...