Skip to content
Back to Guavy Wire
Commodities

Crude Oil Futures Rise as Spot Demand Boosts Prices

Instruments
Oil
Share

Crude oil futures on the Multi Commodity Exchange (MCX) rose by 0.61% to Rs 7,892 per barrel in September delivery contracts.

This increase is attributed to participants boosting their positions following strong spot demand for crude oil.

The price of crude oil for September delivery traded higher by Rs 48 at 1,132 lots on the MCX.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. 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.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc