MCX Crude Oil 20 Oct 2025
| Last Trade | Change | Change in % |
| 5,474.00 | -6.00 | -0.11% |
| High | Low | Open |
| 5,517.00 | 5,407.00 | 5,480.00 |
MCX Crude Oil Intraday Live Chart
MCX Crude Oil Historical Chart
MCX Crude Oil
Signal - Support & Resistance
| Resistance | Support | Signal | |||
| R1 | 5,535.33 | S1 | 5,441.33 | 5 Min | Sell |
| R2 | 5,585.00 | S2 | 5,397.00 | 1 Hour | Buy |
| R3 | 5,629.33 | S3 | 5,347.33 | 1 Day | Buy |
MCX Crude Oil
Moving Averages
| Period | MA 20 | MA 50 | MA 100 |
| 5 Minutes | 5471.05 | 5472.80 | 5474.70 |
| 1 Hour | 5484.00 | 5482.98 | 5463.68 |
| 1 Day | 5602.62 | 5582.59 | 5649.60 |
| 1 Week | 5627.29 | 5892.96 | 6226.82 |
MCX Crude Oil
Period - High, Low & Average
| Period | High Change from Last | Low Change from Last | Average Change from Last |
| 5 Days | 5,530.00 -56.00 | 5,390.00 +84.00 | 5,455.25 +18.75 |
| 1 Month | 5,903.00 -429.00 | 5,390.00 +84.00 | 5,586.07 -112.07 |
| 3 Month | 6,184.00 -710.00 | 5,389.00 +85.00 | 5,646.47 -172.47 |
| 6 Month | 6,585.00 -1,111.00 | 4,724.00 +750.00 | 5,558.31 -84.31 |
| 1 Year | 6,585.00 -1,111.00 | 4,724.00 +750.00 | 5,627.81 -153.81 |
About MCX Crude Oil
Contract Specifications of Crude Oil
| Symbol | CRUDEOIL |
|---|---|
| Contract Start Day | As per the Contract Launch Calendar |
| Last Trading Day | As per the Contract Launch Calendar |
| Trading Period | Mondays through Friday |
| Trading Session | Monday to Friday: 10.00 a.m. to 11.30 / 11.55 p.m. |
| Trading Unit | 100 Barrels |
| Quotation/ Base Value | Rs. Per Barrel |
| Maximum Order Size | 10,000 Barrels |
| Tick Size | Rs. per Barrel |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Extreme Loss Margin | Minimum 1% |
| Additional and/ or Special Margin | In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
| Settlement | The contract would be settled in cash |
MCX Crude Oil Futures: Historical Trends, Decade Analysis, and Market Outlook
MCX Crude Oil Futures are derivative contracts traded on the Multi Commodity Exchange of India (MCX) that allow investors, traders, and hedgers to gain exposure to crude oil prices without physically holding the commodity. As India’s most liquid energy derivative, MCX Crude Oil Futures are widely used by refineries, traders, and institutional investors to manage risk, speculate on price movements, and track global crude oil trends.
Understanding the historical performance, decade-wise evolution, and recent developments of MCX Crude Oil Futures provides insight into India’s energy markets and the broader impact of global oil supply-demand dynamics.
Historical Perspective on MCX Crude Oil Futures
MCX launched crude oil futures in 2001, marking a major milestone for India’s commodity market. These contracts were designed to provide price discovery and hedging opportunities for the rapidly growing energy sector.
Initially, trading volumes were modest, largely dominated by domestic refiners and corporate hedgers. Over the 2000s, with increasing participation from financial traders and rising international crude oil volatility, MCX Crude Oil Futures gained significant traction.
Global oil price movements, OPEC production decisions, and geopolitical events such as the Iraq War and Middle East tensions heavily influenced early trading patterns. As electronic trading platforms improved, liquidity and transparency increased, positioning MCX Crude Oil as a benchmark for domestic crude oil price movements.
Decade-Wise Analysis of MCX Crude Oil Futures
2000s: Market Establishment and Growth
The first decade after the launch of MCX Crude Oil Futures saw rapid growth in participation. Prices followed global crude oil trends, including the spike in 2008 when Brent crude surpassed $140 per barrel. Domestic factors such as refinery demand, rupee depreciation, and Indian fiscal policies influenced contract pricing.
2010s: Volatility and Global Integration
The 2010s were marked by periods of high volatility. The 2014 oil price crash, triggered by oversupply and OPEC production policies, caused sharp declines in MCX Crude Oil Futures. Traders increasingly relied on futures for hedging refinery margins and managing exposure to global price swings. By the end of the decade, electronic trading and algorithmic strategies became prominent, making MCX Crude Oil one of India’s most actively traded energy derivatives.
2020s: Pandemic and Supply-Demand Realignments
The COVID-19 pandemic created unprecedented volatility in oil markets. In April 2020, global crude oil prices fell dramatically due to collapsing demand and storage constraints, reflected sharply in MCX Crude Oil Futures. Subsequent recovery was fueled by global stimulus measures, OPEC+ production cuts, and a rebound in industrial activity. Futures contracts remain sensitive to geopolitical developments, energy policy changes, and domestic demand growth in India.
Recent Update on MCX Crude Oil Futures
As of late 2025, MCX Crude Oil Futures remain influenced by both domestic and global factors:
- Global Crude Prices: Brent and WTI crude benchmarks heavily impact MCX pricing.
- OPEC and Non-OPEC Production: Production cuts or expansions directly affect supply expectations.
- Indian Demand: Industrial growth, refinery throughput, and seasonal consumption patterns influence domestic futures.
- Currency Movements: INR/USD fluctuations affect crude import costs, reflecting in futures prices.
- Geopolitical Tensions: Middle East stability, trade disputes, and sanctions can trigger sharp volatility.
Currently, MCX Crude Oil Futures are trading with moderate upward momentum as global oil demand stabilizes post-pandemic and OPEC+ policies remain supportive. Domestic refinery margins and rupee strength continue to play a role in short-term price movements.
Trading and Hedging MCX Crude Oil Futures
MCX Crude Oil Futures are widely used by:
- Traders and Speculators: Leveraging margin-based contracts to capture intraday or short-term price movements.
- Refiners and Importers: Hedging against price volatility to protect profit margins.
- Institutional Investors: Managing portfolio exposure to energy markets.
Standard contracts have defined lot sizes, tick values, and monthly expiry cycles. Understanding global cues, technical analysis, and geopolitical risk is essential for effective trading.
MCX Crude Oil Futures and Global Relevance
Although MCX Crude Oil Futures are a domestic benchmark, they are closely tied to global energy markets. Price discovery is influenced by Brent and WTI crude, OPEC announcements, and international geopolitical events.
For international investors, MCX Crude Oil provides a window into India’s energy demand and serves as a tool for hedging exposure to emerging market energy risk.
Final Outlook
MCX Crude Oil Futures have evolved into a mature, liquid market reflecting both global oil trends and domestic demand conditions. Their historical trajectory demonstrates resilience through crises, while decade-by-decade analysis highlights structural shifts in India’s energy market.
For traders, refiners, and investors, MCX Crude Oil Futures remain essential for price discovery, hedging, and speculative opportunities. With continued integration into global energy markets and robust trading infrastructure, MCX Crude Oil Futures will maintain their importance in India’s commodity ecosystem.
MCX Crude Oil Futures FAQ
Q. What are MCX Crude Oil Futures?
A. MCX Crude Oil Futures are futures contracts based on the price of crude oil, specifically benchmarked against West Texas Intermediate (WTI) crude oil, traded on the Multi Commodity Exchange of India (MCX). These contracts allow traders to speculate on or hedge against fluctuations in global crude oil prices, serving as a key indicator for India’s energy market and frequently referenced in financial news on platforms like Moneycontrol or Economic Times.
Q. What are MCX Crude Oil Futures Contracts?
A. MCX Crude Oil Futures Contracts are standardized agreements to buy or sell crude oil at a predetermined price on a future date, with a lot size of 100 barrels. The value of a contract is ?100 times the value of the crude oil price at a given time. These contracts are highly liquid and volatile, offering traders multiple opportunities for profitable trades during daily sessions. For example, if you’re bullish on crude oil, you can go long on a futures contract, earning ?100 per point increase in the price. Conversely, if bearish, you can short the contract, profiting ?100 per point decline. A mini version with a lot size of 10 barrels is also available for smaller traders.
Q. What are the trading hours for MCX Crude Oil Futures?
A. Trading for MCX Crude Oil Futures begins at 9:00 a.m. IST and runs through 11:30 p.m. IST from Monday to Friday. The market operates continuously during these hours without pauses, aligning with global energy trading sessions and providing extended access for Indian traders to react to international oil market developments.
Q. Why and when were MCX Crude Oil Futures created?
A. MCX Crude Oil Futures were launched in 2005 by the Multi Commodity Exchange of India to provide a domestic platform for trading energy derivatives, enabling Indian investors, producers, and consumers to hedge against global oil price volatility. Designed to reflect international crude oil benchmarks like WTI, these futures serve as a vital tool for managing risk in India’s import-dependent energy sector and assessing broader economic trends influenced by oil prices.
Q. What are the risks and benefits of MCX Crude Oil Futures trading?
A. MCX Crude Oil Futures trading differs from traditional stock investing and carries significant risks. The high volatility driven by geopolitical events, supply disruptions, and economic data can lead to substantial gains but also rapid losses, making it unsuitable for conservative, buy-and-hold investors. Traders who can actively monitor the market and tolerate risk may capitalize on both long and short positions, as futures allow shorting without restrictions like the uptick rule. However, without disciplined risk management, traders risk margin calls if positions move unfavorably. The benefit lies in the potential for high returns due to the leverage and liquidity of these contracts, but constant attention to market movements is essential.
Q. How can I learn MCX Crude Oil Futures trading?
A. MCX Crude Oil Futures are a popular choice among traders, but beginners often face challenges due to limited understanding of commodity market dynamics and trading strategies. Success demands a robust trading plan, strict risk management, and deep market knowledge. Novice traders can accelerate their learning by joining online trading communities or live trading rooms led by experienced MCX Crude Oil traders. These platforms enable beginners to observe real-time market analysis, learn strategies suited to their risk tolerance, and gain confidence. Using simulated accounts before trading with real money can also minimize costly errors.
Q. What are other names used for MCX Crude Oil Futures?
A. MCX Crude Oil Futures are known by several names or aliases, including:
- MCX Crude Oil
- CRUDEOIL Futures
- MCX Crude Oil Mini
- WTI Crude Oil Futures (MCX)
- CRUDEOIL1! (TradingView symbol)