Spot price
of WTI Cushing crude oil averaged US $ 59.27 per barrel in May 2015, higher
than US $ 54.44 per barrel in April 2015.
It opened
the month at US $ 59.15 per barrel and closed the month at US$ 60.30 per
barrel, with a high of the month at US $ 60.93 per barrel.
INDIAN CRUDE OIL BASKET
The Indian crude oil basket averaged daily US $ 63.64 per
barrel in May 2015 with a high of US $ 66.54 per barrel during the month .
FUTURES TRADING OVERVIEW..!
MCX crude
oil contract aggregate average daily volume for May 2015 was 16.67 mn. barrels
and aggregate average daily open interest for the month was 1.48 mn. barrels.
NYMEX Light
Sweet WTI Crude oil futures aggregate average daily volume was approximately
0.67 mn lots in May 2015. Highest volume for the month was 0.90 mn lots.
Aggregate
average daily open interest for the month was approximately 1.68 mn lots.
For more details
Multi Commodity Exchange of India Limited
Exchange
Square, Suren Road, Andheri (East), Mumbai 400 093, India
