CRUDE OIL SPOT MARKET OVERVIEW ...!

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 

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