Energy & PetrochemicalsMCX
Crude Oil (MCX WTI/Brent)
Authentic Real-Time MCX Quotation (per 1 Barrel (bbl))
₹9,640.00++₹0.00 (+0.00%)
Market Hours: 09:00 AM - 11:30 PM / 11:55 PM IST•Tick: ₹1.00 per Barrel
Price Movement Trend
Official MCX Contract Specifications & Lot Sizes
Standard Contract Lot100 Barrels
Mini / Micro Contract Size10 Barrels (Crude Oil Mini)
Minimum Tick Size₹1.00 per Barrel
Estimated Trading Margin20% - 25% margin (High volatility segment)
Exchange & Trading WindowMCX
Benchmark Grade & PurityNYMEX / MCX Light Sweet Crude Benchmark
Description: Crude Oil is the foundational physical energy commodity powering global transportation, shipping, and chemical manufacturing. Highly responsive to OPEC+ production quotas and global GDP growth.
Growth Catalysts & Bullish Drivers
- OPEC+ production discipline and supply quota management
- Strategic Petroleum Reserve (SPR) replenishments
- Middle East maritime shipping security and tanker lane availability
Downside Risks & Volatility Factors
- Global economic recession risks dampening diesel and jet fuel consumption
- Rapid expansion of electric vehicle adoption cutting long-term gasoline demand