Weekly Outlook on Copper - 17 May 2024
Crude Oil Price
Access F&O data for CRUDE OIL
Open Demat AccountCrude oil Spot Price
Performance
Day Range
- Low 5922
- High 6012
Open Price |
5928 |
Previous Close |
5901 |
About Crudeoil
Crudeoil FAQs
What is the price of Crude Oil Today?
The Price of Crude Oil in MCX is 5971.00.
How to Trade in Crude Oil?
Open Demat Account with 5Paisa to trade in Crude Oil.
What is Crude Oil?
Crude Oil is unrefined petroleum extracted from the ground, a crucial energy source.
What is MCX Crude Oil Price?
MCX crude oil price is the price of crude oil that is quoted on the Multi Commodity Exchange (MCX).
Do I need a Demat account to invest in Crude oil?
If you are investing in crude oil through a futures contract, you do not need a Demat account but a commodity trading account. If investing through ETFs or stocks, a Demat account is required.
Can retail investors invest in crude oil?
Yes, retail investors can invest in crude oil by opening a commodity trading account with a stockbroking firm.
Is 100 barrels minimum for investing in crude oil?
No, although the 100 barrels futures contract is most widely traded, you can invest through a mini futures contract of 10 barrels.
What is crude oil as the underlying asset?
Every derivatives contract has an underlying asset based on which the derivatives contract is drawn. For crude oil futures contracts, crude oil is the underlying asset.
Who regulates the crude oil investments in India?
The Securities and Exchange Board of India regulated the commodity derivatives market in India including the trading of crude oil.