Business Standard

Mcx Crude Oil

MCX prepares for negative trading in all commodities after crude oil row

After crude oil last month, market fears natural gas may also see negative price trading: exchange announces special auction window for exit opportunity

MCX prepares for negative trading in all commodities after crude oil row
Updated On : 12 May 2020 | 2:12 AM IST

Crude oil punters shift positions to natural gas after negative price row

According to the MCX data, the share of natural gas in the total volume of the exchange has almost tripled, while that of crude has reduced by more than half

Crude oil punters shift positions to natural gas after negative price row
Updated On : 06 May 2020 | 1:53 AM IST

MCX offers chance to exit trading if crude oil price slips into negative

Asking members and clients to be extra cautious while dealing in crude oil, the exchange has said trading will be halted if the trading price falls to Re 1

MCX offers chance to exit trading if crude oil price slips into negative
Updated On : 01 May 2020 | 2:38 AM IST

Crude oil up on demand prospects: steep rise in margins on MCX

Margin now fixed at 100%, with Rs 95,000 per lot as absolute minimum. So if crude falls below Rs 950, the margin will continue to be based on the price of Rs 950

Crude oil up on demand prospects: steep rise in margins on MCX
Updated On : 30 Apr 2020 | 1:30 AM IST

Brokerages discourage trading in crude oil till volatility subsides

MCX is considering interim measures to handle negative pricing on Nymex and the impact on its platform

Brokerages discourage trading in crude oil till volatility subsides
Updated On : 27 Apr 2020 | 7:25 PM IST

Religare, other brokers follow Motilal Oswal, sue MCX over crude oil issue

Cases filed in high courts of plaintiffs' jurisdiction, exchange files caveat pledging opportunity for hearing

Religare, other brokers follow Motilal Oswal, sue MCX over crude oil issue
Updated On : 24 Apr 2020 | 1:23 AM IST

MCX asks software vendor to enable negative price trading after broker ire

Exchange says cannot ascertain the date by which this would be achieved at this point in time

MCX asks software vendor to enable negative price trading after broker ire
Updated On : 24 Apr 2020 | 1:21 AM IST

Why brokers are up in arms against MCX over the April crude oil contract

They say the exchange muscled its way in to force negative pricing on the contract without tweaking its software to protect traders, the way Nymex has done

Why brokers are up in arms against MCX over the April crude oil contract
Updated On : 23 Apr 2020 | 1:26 PM IST

Brokerages drag MCX to HC over negative price settlement of crude

The three commodity brokers that have filed separate petitions against MCX and Sebi in include Motilal Oswal Financial Services, PCS Securities, and Religare

Brokerages drag MCX to HC over negative price settlement of crude
Updated On : 23 Apr 2020 | 1:01 AM IST

MCX creates history of sorts, settles April crude oil contract in negative

Chances of huge defaults by investors, many of whom are retail traders gone long; On Nymex, there were actual trades in minus in which sellers were actually paying buyers to lift stocks

MCX creates history of sorts, settles April crude oil contract in negative
Updated On : 22 Apr 2020 | 1:21 AM IST

One rupee: The interim price at which MCX settled April crude oil contract

Brokers urge exchange and Sebi to work out an amicable price, as over 11,000 lots of open interest in the April contract were standing and couldn't be carried forward or squared off yesterday

One rupee: The interim price at which MCX settled April crude oil contract
Updated On : 21 Apr 2020 | 2:46 PM IST

WTI crude oil trades in negative for first time at -$37.63 per barrel

In a first, MCX crude oil, too, expires below Rs 1,000

WTI crude oil trades in negative for first time at -$37.63 per barrel
Updated On : 21 Apr 2020 | 2:27 AM IST

Crude oil sheds over 7% on global cues, bullion take a beating too

Traders book profit on gold and silver, MCX crude futures follow WTI, which hit a 21-year low of $18 a barrel

Crude oil sheds over 7% on global cues, bullion take a beating too
Updated On : 18 Apr 2020 | 1:13 AM IST

Crude jumps 26% on MCX, bullion gains on hope of end to Saudi-Russia rift

The two nations are meeting next week to work out a possible output cut

Crude jumps 26% on MCX, bullion gains on hope of end to Saudi-Russia rift
Updated On : 04 Apr 2020 | 12:22 AM IST

Oil soars 20% intra-day; gold remains lusterless amid coronavirus fear

Metal prices declined between 3 per cent and 6 per cent on the Multi Commodity Exchange (MCX), toeing global move as selling pressure

Oil soars 20% intra-day; gold remains lusterless amid coronavirus fear
Updated On : 20 Mar 2020 | 3:08 AM IST

Brent crashes to 17-year low in global markets as analysts see free fall

Silver spot delivery at a huge premium: gold:silver ratio at a high of 121, indicating extreme weakness in silver

Brent crashes to 17-year low in global markets as analysts see free fall
Updated On : 18 Mar 2020 | 6:59 PM IST

MCX moderates margins on crude oil futures, brokers cut positions sharply

Significant fall in number of contracts traded since Friday, brokers advise clients to stay away from what they see as a very volatile market

MCX moderates margins on crude oil futures, brokers cut positions sharply
Updated On : 11 Mar 2020 | 11:32 PM IST

Crude oil shock: MCX raises margin to 60% to prevent client defaults

Exchange says it covered price volatility risk adequately with no default occurring during the price decline; brokers, however, says some margin calls were triggered

Crude oil shock: MCX raises margin to 60% to prevent client defaults
Updated On : 09 Mar 2020 | 8:02 PM IST

Margin calls triggered in crude oil led to across-the-board selling

The margin on crude oil, which was set at 16.3 per cent on friday, kept on rising today with MCX imposing margins of up to 60%

Margin calls triggered in crude oil led to across-the-board selling
Updated On : 09 Mar 2020 | 7:59 PM IST

Saudi drone strikes: Short sellers on the wrong foot, says expert

Crude oil traded at Rs 4,265 a barrel on the MCX

Saudi drone strikes: Short sellers on the wrong foot, says expert
Updated On : 16 Sep 2019 | 11:39 PM IST