COMMODITY
Crude oil futures exhibit mixed trend on MCX
Mar-19-2026
Crude oil futures exhibited mixed trend on MCX as March contract declined after Trump issued a 60-day waiver of the Jones Act, allowing foreign-flagged ships to move oil and gas between US ports. While April contract gained after an Israeli strike on Iran’s South Pars gas field heightened concerns over disruptions to global oil and gas flows. 

The contract for March delivery was trading at Rs 8969.00 down by 0.32% or Rs 29.00 from its previous closing of Rs 8998.00. The open interest of the contract stood at 7633 lots.

The contract for April delivery was trading at Rs 9045.00 up by 0.58% or Rs 52.00 from its previous closing of Rs 8993.00. The open interest of the contract stood at 19180 lots on MCX.

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