Crude Oil sharply higher, Natural Gas up 1.11%
MCX Crude Oil futures are under strong buying support today in evening trades. The benchmark MCX Sep-26 contract is substantially higher by 3.36% at Rs 10041 per barrel. US equities are trading in negative territory with S&P 500 is inching down 0.46% on the day. MCX Crude Oil futures hit a high of Rs 10049 per barrel today and have recorded a 0.05% uptick in open interest. MCX Crude oil is up for fourth consecutive session. The counter surged by 1.77% in the day session till 6.00 PM.
MCX Natural Gas is firmly higher by 1.11% at Rs 282 per MMBtu. The counter moved in a range of Rs 276-283 per MMBtu today. The open interest in the counter fell sharply by 17.81%.
Crude Oil has soared 10.91% in the last one week while Natural Gas has slipped around 1%.



anubhai
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