2025-12-12 01:25:04 pm | Source: Accord Fintech
Crude oil futures gain on firm demand
Crude oil futures gained on MCX as speculators built up their positions due to firm demand, despite optimism over a possible Russia-Ukraine peace agreement. Crude oil prices improved further on reports that the United States is preparing to intercept additional tankers carrying Venezuelan oil, heightening concerns of supply disruptions.
The contract for December delivery was trading at Rs 5246.00, up by 1.29% or Rs 67.00 from its previous closing of Rs 5179.00. The open interest of the contract stood at 9531 lots.
The contract for January delivery was trading at Rs 5262.00, up by 1.21% or Rs 63.00 from its previous closing of Rs 5199.00. The open interest of the contract stood at 9018 lots on MCX.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Dynacons Systems zooms on securing project worth Rs ...
Mafatlal Industries surges on initiating installatio...
Macro Shots: FOMC: Time To Pause and Ponder - Sreeji...
Virat Industries jumps on getting nod to incorporate...
Honasa Consumer surges on planning to acquire BTM Ve...
Shilpa Medicare soars on getting initial authorizati...
Inito raises $29M in Series B, led by Bertelsmann In...
Thirumalai Chemicals shines as its arm starts pre-co...
Gold futures trade higher with positive global rates
Crude oil futures gain on firm demand
