Crude Oil significantly lower, Natural Gas down 2.47%
MCX Crude Oil futures are under heavy selling pressure today in evening trades. The benchmark MCX Sep-26 contract is substantially lower by 5.16% at Rs 9161 per barrel. US equities are modestly higher with NASDAQ Composite is jumping 1.61% on the day. MCX Crude Oil futures hit a high of Rs 9500 per barrel today and have registered a sharp 38.37% reduction in open interest. MCX Crude oil moving down for fourth consecutive session. The counter plunged by 2.14% in the day session till 6.00 PM.
MCX Natural Gas is significantly lower by 2.47% at Rs 273 per MMBtu. The counter moved in a range of Rs 272-278 per MMBtu today. The open interest in the counter soared 14.94%.
Natural Gas is up around 3.71% in the last one week while Crude Oil has added around 1.39%.



anubhai
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