Crude Oil Rate
(Expiry: 18-Jun-2024 | Exchange: MCX | Head: Oil & Energy)10.51AM IST | 14 Jun, 2024
- 6534.0Per 1 BBL
- Change
-34.00 (-0.52%)
- Volume883
- Open6542.0
- Prv. Close6568.00
- Spot6535.00
Day's Trend
- Day:
- Contract:
- Average Price (Rs/1 BBL):6530.79
- Open Interest (Contracts):5669
- Open Interest Change %:-11.07%
- Best Buy Price (Rs/QTY):6532.0/3
- Prem/Disc:
- Spread:
- Unit:BBL
- Lot Size:100
- Tick Size:100
- Best Sell Price (Rs/QTY):6534.0/4
CRUDEOIL News
Oil prices on track for weekly gain on solid demand outlook | News
14 Jun, 2024, 07.59 AM
Oil prices fell on Friday, with Brent crude futures down 0.87% to $82.04 a barrel and West Texas Intermediate losing 1% to $77.84. OPEC+ decision to unwind output cuts after September also impacted the market.
Oil softens to $82 a barrel on Fed rate decision, ample supply outlook | News
13 Jun, 2024, 07.23 PM
Oil prices slipped on Thursday as investors digested that the U.S. Federal Reserve had likely pushed back an interest rate cut to December and as U.S. crude and fuel stocks rose.
Oil slips on US growth worries, ample crude supply | News
13 Jun, 2024, 08.00 AM
Oil prices fell as U.S. Federal Reserve maintained interest rates, impacting market sentiment. Concerns over supply disruptions and ceasefire negotiations in Gaza added volatility to the market.
Oil prices edge up on optimistic demand outlook | News
12 Jun, 2024, 07.44 AM
Oil prices rose on positive demand outlooks from EIA and OPEC, with Brent crude up 0.1% to $82.04 and WTI crude up 0.2% to $78.10.
World oil demand will rise 2.25 million bpd in 2024: OPEC | News
11 Jun, 2024, 09.01 PM
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower than expected use in the first quarter, saying travel and tourism would support consumption in the second half of the year.
Oil prices extend rally on potential U.S. crude purchase for reserve | News
11 Jun, 2024, 08.15 AM
Oil prices rose on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, supported by expectations of rising fuel demand this summer. Market focus is on the Fed's policy meeting and upcoming reports from OPEC and the International Energy Agency. Analysts expect Brent to rise to $86 a barrel in the third quarter.
Oil rises on hopes of summer fuel demand | News
10 Jun, 2024, 09.46 PM
Goldman Sachs analysts expect Brent to rise to $86 a barrel in third quarter, saying in a report that solid summer transport demand will push the oil market into a third-quarter deficit of 1.3 million barrels per day (bpd).
Oil slips on dollar's strength from US jobs data | News
10 Jun, 2024, 07.51 AM
Oil prices slipped on Monday due to a stronger dollar and delayed interest rate cuts following strong U.S. jobs data. Developments in Iraq, including progress in oil export talks with the Kurdistan region, impacted market sentiment.
Oil dips on deflated US interest rate cut expectations, OPEC+ decision | News
8 Jun, 2024, 09.35 AM
Oil prices fell for a third consecutive week as investors considered OPEC+ reassurances and the latest U.S. jobs data impacting Federal Reserve interest rate decisions.
Oil prices climb as OPEC+ reassures markets, ECB cuts interest rate | News
7 Jun, 2024, 08.25 AM
Oil prices rose as OPEC+ members Saudi Arabia and Russia hinted at output adjustments. Brent crude futures reached $80.03 per barrel, and U.S. West Texas Intermediate crude futures hit $75.71. Europe's interest rate cut raised expectations of a similar move in the U.S. Analysts await Chinese commodity trade data for insights into global oil demand.
Hot/Cold Crude Oil Contract
CRUDEOIL (MCX)
18 June 2024
CRUDEOIL Spot Rate Details
CRUDEOIL vs Other Oil & Energy
Trend
D | M | YCRUDEOIL vs Peers (Intraday Range)
LowestHighest
-1.050
-0.53
CRUDEOIL vs Peers (Contract Range)
LowestHighest
-5.3750.12
-2.57
CRUDEOIL (19-Jul-2024) vs CRUDEOIL Other Contracts
CRUDEOIL Contract Details (2024-06-18) Exchange: MCX
Symbol
CRUDEOIL
Contract Start Date
2023-12-19
Last Trading Date
2024-06-18
Lot Size
100
Tick Size
100
Symbol Description
LIGHT SWEET CRUDE OIL
Delivery Start Date
2024-06-18
Delivery End Date
2024-06-18
Symbol Info
Light Sweet Crude Oil
Tender Period Start Date
2024-06-18
Tender Period End Date
2024-06-18
Commodity Group
Oil & Energy
Name Of Underlying
Oil & Energy
Identifier of the Underlying
294
Instrument Identifier
427034
Instrument
FUTCOM
Expiry Date
2024-06-18
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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