Crude oil futures trade optimistic
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05 May 2009
Crude oil prices are showing optimistic trend in the Indian future market today
led by increased approximate buying.
Today, the MCX, the most actively trading Crude oil May contract is trading up
by 0.30pct at Rs 2,686 a bbl at 12.16p.m. It opened at Rs 2,687 as against its
earlier close of Rs 2,678 a bbl. The open interest of the same is 17,248.
Similarly, Crude oil June contract is up 0.29pct at Rs 2,774 a bbl after opening
at Rs 2,772. It tossed in the range of Rs 2,781-2,770 in today’s session. |
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Crude oil July contract is trading downward 0.64pct at Rs 2,844 a bbl as
compared to its earlier close of Rs 2,826. It opened at Rs 2,840 in the morning
session. |
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At NCDEX, Crude oil May contract is increased 1.66pct to Rs 2,688 a bbl
compared to its previous close of Rs 2,644 a bbl. Crude oil June contract
rose by 2.47pct to Rs 2,770 a bbl compared to its previous close of Rs
2,710 a bbl. It opened at Rs 2,772 a bbl in the morning trade. |
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