Crude Oil Rate
(Expiry: 19-Nov-2024 | Exchange: MCX | Head: Oil & Energy)12.35AM IST | 22 Nov, 2024
- 5842.0Per 1 BBL
- Change
23.00 (0.4%)
- Volume4296
- Open5815.0
- Prv. Close5819.00
- Spot5664.00
Day's Trend
- Day:
- Contract:
- Average Price (Rs/1 BBL):5827.3
- Open Interest (Contracts):3067
- Open Interest Change %:-76.77%
- Best Buy Price (Rs/QTY):5842.0/1
- Prem/Disc:
- Spread:
- Unit:BBL
- Lot Size:100
- Tick Size:100
- Best Sell Price (Rs/QTY):5845.0/1
CRUDEOIL News
Learn with ETMarkets: How to trade in crude oil amid market volatility? | News
17 Nov, 2024, 10.16 AM
The crude oil market in 2024 remains volatile due to geopolitical tensions, particularly the Israel-Hamas conflict, and OPEC's production decisions. These factors create both challenges and opportunities for investors. The article discusses how these developments are affecting oil prices in India and provides strategic insights for investors to navigate this uncertainty and capitalize on market fluctuations.
Oil prices recover, driven by supply disruption fear from hurricane | News
11 Sep, 2024, 11.56 AM
Oil prices rose on Wednesday, recovering some losses from the previous day, as Hurricane Francine threatened U.S. output. Brent crude increased by 0.5% to $69.53 a barrel, while U.S. crude futures climbed to $66.10 a barrel. Concerns about weak global demand persist, particularly due to economic slowdowns in China and the United States.
Oil steadies below $70 after demand concerns intensify rout | News
11 Sep, 2024, 09.42 AM
Oil prices steadied after a sharp selloff drove Brent crude below $70 a barrel for the first time in over two years. Concerns about slowing growth in the US and China, along with robust supplies, have led to a nearly 20% drop this quarter. OPEC+ postponed an output hike amid fears of surplus in 2025.
Oil prices slow sell-off as expectations of Fed rate cut grow | News
22 Aug, 2024, 07.11 AM
Crude oil's sharp drop paused as expectations of a Federal Reserve rate cut balanced weak economic indicators from the U.S. and China. Brent and WTI crude saw minor fluctuations after both fell more than 1% the previous session. Anticipated U.S. interest rate cuts sparked market attention, supported by recent Fed meeting minutes.
Learn with ETMarkets: How to trade crude oil futures using moving averages? | News
19 Aug, 2024, 09.05 AM
West Texas Intermediate (WTI) and Brent Crude are the main types of crude oil traded globally. WTI, mainly sourced from the United States, is lighter and has a lower sulfur content compared to Brent, making it easier and more cost-effective to refine into gasoline and other petroleum products.
Oil edges lower on surprise build in US crude and gasoline stocks | News
7 Aug, 2024, 07.17 AM
Oil prices decreased in early Asian trading following a short-lived rebound due to unexpected increases in U.S. crude and gasoline inventories. Brent crude futures dropped to $76.27 a barrel, and WTI crude declined to $72.95 a barrel. Tensions in the Middle East and lower production at Libya’s Sharara oilfield have added to global supply concerns.
Oil prices steady amid falling US inventories, weak dollar | News
17 Jul, 2024, 08.45 PM
Oil prices rise on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in U.S. oil stockpiles and a weaker dollar overshadowed signs of weakening demand in China.
Oil prices gain 1% on big US storage withdrawal, weaker US dollar | News
17 Jul, 2024, 09.02 PM
By 10:34 a.m. EDT (1434 GMT), Brent futures increased by 96 cents, or 1.2%, reaching $84.69 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by $1.36, or 1.7%, to $82.12 per barrel. On Tuesday, Brent closed at its lowest level since June 14, and WTI at its lowest since June 21.
Closing prices for crude oil, gold and other commodities | News
17 Jul, 2024, 08.12 AM
Oil prices dip while gold and silver see an increase. Currency exchange rates fluctuate slightly. Stay updated on the latest market trends.
Hedge funds rebuild oil position after OPEC⁺ round trip: Kemp | News
26 Jun, 2024, 07.53 AM
Navigating through diverse commodities, my investment strategy adapted to changing market conditions. From crude oil to natural gas, I observed shifts in positions and prices, reflecting resilience and caution. The market's response to OPEC+ reassurance and high inventories showcased a dynamic landscape, with investors strategizing for potential opportunities and challenges ahead.
Hot/Cold Crude Oil Contract
CRUDEOIL (MCX)
18 December 2024
CRUDEOIL Spot Rate Details
CRUDEOIL vs Other Oil & Energy
Trend
D | M | YCRUDEOIL vs Peers (Intraday Range)
LowestHighest
-0.130.9
0.4
CRUDEOIL vs Peers (Contract Range)
LowestHighest
-13.9620.37
-3.80
CRUDEOIL (18-Dec-2024) vs CRUDEOIL Other Contracts
CRUDEOIL Contract Details (2024-11-19) Exchange: MCX
Symbol
CRUDEOIL
Contract Start Date
2024-05-21
Last Trading Date
2024-11-19
Lot Size
100
Tick Size
100
Symbol Description
LIGHT SWEET CRUDE OIL
Delivery Start Date
2024-11-19
Delivery End Date
2024-11-19
Symbol Info
Light Sweet Crude Oil
Tender Period Start Date
2024-11-19
Tender Period End Date
2024-11-19
Commodity Group
Oil & Energy
Name Of Underlying
Oil & Energy
Identifier of the Underlying
294
Instrument Identifier
434271
Instrument
FUTCOM
Expiry Date
2024-11-19
Price Quote Qty
BBL
Daily Price Percent
0.00
Near Month Instrument Identifier
-1
Far Month Instrument Identifier
-1
Trading Unit
BBL
Delivery Unit
BBL
CRUDEOIL Rate Historical Performance
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