Crude Oil Rate

    (Expiry: 19-Jul-2024 |   Exchange: MCX | Head: Oil & Energy)

    04.07AM IST | 04 Jul, 2024

    • 6961.0Per 1 BBL
    • Change

      12 (0.17%)

    • Volume13350
    • Open6953.0
    • Prv. Close6949.00
    • Spot6916.00

    Day's Trend

    • Day:

      6885.06969.0

    • Contract:

      6090.007038.00

    • Average Price (Rs/1 BBL):6931.0
    • Open Interest (Contracts):5758
    • Open Interest Change %:-5.64%
    • Best Buy Price (Rs/QTY):0.0/0
    • Prem/Disc:
    • Spread:
    • Unit:BBL
    • Lot Size:100
    • Tick Size:100
    • Best Sell Price (Rs/QTY):0.0/0

    CRUDEOIL News

    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.

    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.

    Oil edges lower after industry group reports jump in US stockpiles | News

    26 Jun, 2024, 07.22 AM

    Oil prices fell on surprise U.S. stockpile increase, with concerns over weak demand. The U.S. summer driving season and consumer confidence decline contributed to market worries, along with a stronger dollar. Brent crude dropped to $84.82 a barrel.

    Oil prices steady as markets weigh supply tensions, China economic recovery | News

    25 Jun, 2024, 07.15 AM

    Oil prices remained steady on Tuesday, balancing concerns over China's economic recovery, tensions in the Middle East, and Ukrainian attacks on Russian refineries.

    Oil extends losses as strong dollar weighs on commodities markets | News

    24 Jun, 2024, 08.10 AM

    Oil prices fell in early Asian trade on Monday due to a stronger dollar and concerns of higher interest rates. Brent crude futures slid to $84.84 a barrel, while U.S. West Texas Intermediate crude futures were at $80.34. Geopolitical risks in the Middle East and issues in Ecuador impacted prices.

    Hot/Cold Crude Oil Contract

    CRUDEOIL (MCX)

    19 July 2024

    Today's Volume : 13350Change : 6.88%

    CRUDEOIL Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    MUMBAI
    6916.00
    1 BBL
    -0.55
    45.00

    CRUDEOIL vs Other Oil & Energy

    Commodity
    Expiry
    Price / Unit
    Day
     % Change
    Percentage Change
    Week
    Contract

    Trend

    D | M | Y
    19-Mar-2024
    6940.00/1 BBL
    1.39
    7.68
    9.05
    25-Mar-2024
    139.10/1 mmBtu
    -0.57
    0.58
    -23.66
    19-Apr-2024
    6977.00/1 BBL
    0.63
    -1.86
    9.60
    25-Apr-2024
    134.90/1 mmBtu
    -5.07
    -5.53
    -28.85
    20-May-2024
    6652.00/1 BBL
    0.54
    1.51
    0.24
    28-May-2024
    216.00/1 mmBtu
    2.52
    -4.89
    30.83
    18-Jun-2024
    6792.00/1 BBL
    1.91
    4.78
    7.16
    25-Jun-2024
    229.30/1 mmBtu
    -0.56
    -1.92
    40.33
    19-Jul-2024
    6960.00/1 BBL
    0.19
    2.31
    1.80
    26-Jul-2024
    203.60/1 mmBtu
    -0.20
    -11.94
    -4.41

    CRUDEOIL vs Peers (Intraday Range)

    LowestHighest

    -0.20.45

    ......

    0.17

    CRUDEOIL vs Peers (Contract Range)

    LowestHighest

    -23.348.85

    ......

    7.72

    CRUDEOIL (19-Aug-2024) vs CRUDEOIL Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    19-Aug-2024
    6912.00/1 BBL
    0.41
    2.23
    8.85
    772
    -4.00
    19-Sep-2024
    6819.00/1 BBL
    0.10
    1.72
    1.17
    0
    -97.00
    21-Oct-2024
    6543.00/1 BBL
    1.11
    1.11
    0.00
    0
    -7.00
    19-Nov-2024
    6524.00/1 BBL
    2.08
    2.08
    0.00
    0
    -26.00
    18-Dec-2024
    6630.00/1 BBL
    0.00
    0.00
    0
    -286.00

    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

    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2024-07-02
    Crude Oil
    19-Jul-2024
    6964.00
    7038.00
    6936.00
    6950.00
    -3.00
    -0.04
    2024-07-01
    Crude Oil
    19-Jul-2024
    6835.00
    6958.00
    6817.00
    6805.00
    148.00
    2.17
    2024-06-28
    Crude Oil
    19-Jul-2024
    6854.00
    6899.00
    6759.00
    6804.00
    0.00
    0.00
    2024-06-28
    Crude Oil
    19-Jul-2024
    6854.00
    6899.00
    6759.00
    6804.00
    0.00
    0.00
    2024-06-27
    Crude Oil
    19-Jul-2024
    6761.00
    6846.00
    6736.00
    6805.00
    2.00
    0.03
    2024-06-26
    Crude Oil
    19-Jul-2024
    6786.00
    6828.00
    6706.00
    6771.00
    28.00
    0.41
    2024-06-25
    Crude Oil
    19-Jul-2024
    6818.00
    6830.00
    6751.00
    6822.00
    -46.00
    -0.67
    2024-06-24
    Crude Oil
    19-Jul-2024
    6738.00
    6829.00
    6700.00
    6746.00
    79.00
    1.17
    2024-06-21
    Crude Oil
    19-Jul-2024
    6795.00
    6839.00
    6731.00
    6799.00
    -49.00
    -0.72
    2024-06-21
    Crude Oil
    19-Jul-2024
    6795.00
    6839.00
    6731.00
    6799.00
    -49.00
    -0.72
    MORE HISTORICAL DATA

    Future Margin Calculator

    x
    =

    This is the minimum amount which is required to buy "x" number of lots of a particular commodity to trade in futures market.

    Mark-to-Market Calculator

    x
    =

    This is daily gain/loss on the position which is taken in derivatives market, it is calculated on daily basis till the time that position is not squared off.

    GainersLosers

    Commodity
    Contract
    Price (Rs)
    % CHG
    30-Aug-2024
    973.60
    2.98
    05-Jul-2024
    90088.00
    2.51
    31-Jul-2024
    273.00
    2.42
    31-Jul-2024
    272.90
    2.40
    05-Sep-2024
    92000.00
    2.34
    30-Aug-2024
    91905.00
    2.20
    05-Dec-2024
    94623.00
    2.19
    30-Aug-2024
    91900.00
    2.19
    29-Nov-2024
    94610.00
    2.17
    29-Nov-2024
    94595.00
    2.15

    Gold ETFs »

    ETF Name
    Price (Rs)
    % CHG
    Volume
    The Economic Times