Crude oil Spot Price
- Low 6044
- High 6193
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 MCX crude oil price?
MCX crude oil price is the price of crude oil that is quoted on the Multi Commodity Exchange (MCX).
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.