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MCX offers options trading in gold and futures trading in non-ferrous metals, bullions, oil, natural gas, and agricultural commodities (e.g., mentha oil, cardamom, palm oil, and cotton). MCX was among the top global commodity exchanges in terms of the number of futures contracts trade, the latest yearly data from Futures Industry Association ...
The NYMEX Crude Oil contract trades under the symbol CL on the New York Mercantile Exchange, now part of Chicago Mercantile Exchange. [2] The contract is for 1,000 US barrels, or 42,000 US gallons, of WTI crude oil, the minimum tick size of the contract is $0.01 per barrel ($10 for contract), and the contract price is quoted in US dollars. [6]
Low demand for oil in the U.S., lower U.S. unemployment, a strong U.S. dollar and losses in the stock market contributed to WTI falling nearly 4 percent on September 4 to $39.77, the first time below $40 since July. WTI ended the week down 7.5 percent after four up weeks, and Brent finished the week at $42.66, down nearly 7 percent.
Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks. Treasury yields fell. NEW YORK (AP) — Wall Street is hanging near its ...
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Commercial Crude Oil Stock Pile. On January 2, benchmark crude fell by the most in one day since November 2012 to close at $95.44. Brent crude was $107.78. Gas was $3.33. [1] With the Iran agreement and increased production from Libya and the North Sea, Benchmark oil was around $92 on January 13 and Brent crude was $105.98. [2]
Positive U.S. economic news, higher U.S stockpiles and lower stock prices helped oil fall for a second week, with Brent hitting $84.18 and WTI at $77.52. [5] In spite of higher U.S. inventories, because of Russia's plans to decrease output, WTI climbed 2 percent to $75.39 on February 23 after falling for 6 straight days.