Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Crude Oil Futures Plummet on MCX Amid Global Price Decline

Guavy AI Editorial Team
Instruments
Oil
Share

Crude oil futures on India's Multi Commodity Exchange (MCX) plummeted by 1.51% to Rs 7,837 per barrel on Tuesday, following losses in international markets.

The decline was driven by participants offloading their holdings due to weak demand in the physical market and softer global crude prices.

International benchmarks also faced pressure, with West Texas Intermediate (WTI) crude trading 1.19% lower at USD 81.63 per barrel and Brent crude slipping 1.27% to USD 87.24 per barrel.

More on Commodities

Commodities just now

Wall Street Rises Despite Tech Sector Woes

Commodities 1m ago

US Stocks Trade Mixed Amid Tech Earnings, Oil Price Drop

Commodities 1m ago

CPO Futures Surge to Highest in Over a Week on Bullish Sentiment and Biodiesel Hopes

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy