Crude Oil Rate
(Expiry: 19-Jul-2024 | Exchange: MCX | Head: Oil & Energy)06.58PM IST | 05 Jul, 2024
- 7005.0Per 1 BBL
- Change
-19.00 (-0.27%)
- Volume6880
- Open6992.0
- Prv. Close7024.00
- Spot7007.00
Day's Trend
- Day:
- Contract:
- Average Price (Rs/1 BBL):7005.49
- Open Interest (Contracts):7068
- Open Interest Change %:22.75%
- Best Buy Price (Rs/QTY):7002.0/28
- Prem/Disc:
- Spread:
- Unit:BBL
- Lot Size:100
- Tick Size:100
- Best Sell Price (Rs/QTY):7004.0/12
CRUDEOIL News
Oil prices on track for fourth straight week of gains | News
5 Jul, 2024, 08.03 AM
Oil prices stabilized in Asian trade, set for a fourth week of gains amid strong U.S. summer demand and supply concerns. Brent and WTI prices rose. Russia's Rosneft and Lukoil to cut July exports. Saudi Aramco lowered Asian prices. Sentiment boosted by geopolitical tensions, a 12.2 million barrels draw, potential Fed rate cuts, and the Gaza conflict.
Brent crude above $87 at highest levels since April | News
5 Jul, 2024, 07.31 AM
Brent crude prices reach a 3-month high at $87 due to a significant drop in US inventories. Market sees gains supported by dollar weakness and improved US fuel demand outlook. However, economic worries persist with unexpected German industrial orders decline and rise in US jobless claims.
Brent crude oil holds above $87 a barrel | News
5 Jul, 2024, 12.05 AM
Brent crude futures fell 29 cents (0.3%) to $87.05 a barrel, and U.S. West Texas Intermediate (WTI) crude futures dropped 40 cents (0.5%) to $83.48 amid thin trading due to the U.S. Independence Day holiday. In the previous session, Brent rose 1.3% to $87.34, its highest close since April 30, while WTI settled at an 11-week high of $83.88.
Oil prices slip after data points to cooling U.S. economy | News
4 Jul, 2024, 06.58 AM
Amidst economic fluctuations, rate cuts could enhance demand, endorsed by ANZ Research analysts, impacting the global oil market.
Oil prices inch up on large US crude stock draw | News
3 Jul, 2024, 06.52 AM
Brent crude oil futures climbed 16 cents, or 0.2%, to $85.60 a barrel by 0033 GMT. U.S. West Texas Intermediate crude futures rose 14 cents, or 0.2%, to $82.95 per barrel.
Oil holds near two-month high on higher demand outlook, possible rate cut | News
2 Jul, 2024, 08.10 AM
Exciting developments in the oil market as prices hold steady near recent highs, driven by robust demand projections and the possibility of U.S. interest rate cuts. The looming threat of Hurricane Beryl and reduced crude imports into Asia, especially China, add further intrigue to the market landscape.
Oil inches higher on summer demand outlook | News
1 Jul, 2024, 07.33 AM
Oil prices rose on supply deficit forecasts and OPEC+ cuts amid global economic challenges. Traders are cautious about rising non-OPEC+ output. Monitoring includes China's oil demand, the Atlantic hurricane season, and the impact of Hurricane Beryl.
Oil prices edge higher as supply risks mount | News
28 Jun, 2024, 07.30 AM
Oil prices responded to geopolitical tensions and supply disruptions, with concerns over fuel demand dynamics. The market saw gains in Brent and WTI futures amidst heightened uncertainties, while attention remained on the impact of geopolitical conflicts on oil supply. Anticipation of increased gasoline consumption over the July 4th weekend offered some relief amid persisting demand challenges.
After a 13% rally so far this year, is upside in MCX crude oil futures capped? | News
27 Jun, 2024, 11.06 AM
European Union's sanctions and China's economic concerns pose challenges for oil demand. Amidst the ongoing rally, uncertainties like a potential ceasefire in Gaza and China's economic health could influence oil prices. Expert projections hint at sustainability hurdles for the current uptrend in crude oil prices.
Oil prices slide on fears of slow US demand after surprise inventory build | News
27 Jun, 2024, 07.24 AM
Oil prices dropped due to rising U.S. stockpiles, affecting market sentiment. Brent crude traded at $84.17, and U.S. West Texas Intermediate at $80.58 per barrel. Escalating conflicts in Gaza, notably in Rafah, contribute to market uncertainties amidst concerns over weakening demand.
Hot/Cold Crude Oil Contract
CRUDEOIL (MCX)
19 July 2024
CRUDEOIL Spot Rate Details
CRUDEOIL vs Other Oil & Energy
Trend
D | M | YCRUDEOIL vs Peers (Intraday Range)
LowestHighest
-0.211.31
-0.21
CRUDEOIL vs Peers (Contract Range)
LowestHighest
-28.169.64
8.46
CRUDEOIL (19-Aug-2024) vs CRUDEOIL Other Contracts
CRUDEOIL Contract Details (2024-07-19) Exchange: MCX
Symbol
CRUDEOIL
Contract Start Date
2024-01-22
Last Trading Date
2024-07-19
Lot Size
100
Tick Size
100
Symbol Description
LIGHT SWEET CRUDE OIL
Delivery Start Date
2024-07-19
Delivery End Date
2024-07-19
Symbol Info
Light Sweet Crude Oil
Tender Period Start Date
2024-07-19
Tender Period End Date
2024-07-19
Commodity Group
Oil & Energy
Name Of Underlying
Oil & Energy
Identifier of the Underlying
294
Instrument Identifier
428008
Instrument
FUTCOM
Expiry Date
2024-07-19
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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