Natural Gas in positive territory, Crude Oil down 1.89%
MCX Crude Oil futures are trading with steep losses today in evening trades. The benchmark MCX Sep-26 contract is significantly lower by 1.89% at Rs 9634 per barrel. US equities are edging higher with NASDAQ Composite is climbing 1.55% on the day. MCX Crude Oil futures hit a high of Rs 9840 per barrel today and have recorded a steep drop of 8.50% in open interest. MCX Crude oil is slipping for two consecutive session. The counter rose by 1.36% in the day session till 6.00 PM.
MCX Natural Gas is trading marginally higher by 0.61% at Rs 280 per MMBtu. The counter moved in a range of Rs 275-283 per MMBtu today. The open interest in the counter plunged 5.09%.
Crude Oil is up 7.92% in the last one week while Natural Gas has added around 3.04%.



anubhai
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