Crude Oil is one of the most activelytraded commodity globally. - TopicsExpress

Crude Oil is one of the most activelytraded commodity globally. Crude Oil is one of the most important commodity for it accounts to 40 percent of the worlds energy demand. In India Crude Oil is traded on the MCX and NCDEX. The standard Crude Oil Prices are traded in a lot size of 100 units, which is equivalent to 100 barrels. One barrel is equal to 158.95 litres. So one Crude Oil MCX contract in equivalent to buying 15,895 litres ofCrude Oil Monthly contracts are available for trading on the MCX and NCDEX. Live Crude Oil prices are available during market hours daily Monday to Friday from 10 am to 11.30 pm. Crude Oil prices are closed aligned with international prices and also currency

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