Friday 2 May 2014

Crude oil futures trade higher on MCX

Crude oil futures traded higher on MCX after falling in New York in response to data showing rise in stockpiles in the United States, while investors are keeping an eye on the US jobs figures to be released later today.
The contract at for May delivery was trading Rs 6004.00, up by 0.08% or Rs 5.00 from its previous closing of Rs 5999.00. The open interest of the contract stood at 8270.00 lots.
The contract for June delivery was trading at Rs 6001.00, up by 0.07% or Rs 4.00 from its previous closing of Rs 5997.00. The open interest of the contract stood at 1204.00 lots on MCX.

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