{"id":348819,"date":"2020-04-30T09:41:08","date_gmt":"2020-04-30T04:11:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348819"},"modified":"2020-04-30T10:20:49","modified_gmt":"2020-04-30T04:50:49","slug":"crude-oil-up-on-demand-prospects-steep-rise-in-margins-on-mcx","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-up-on-demand-prospects-steep-rise-in-margins-on-mcx\/","title":{"rendered":"Crude oil up on demand prospects: steep rise in margins on MCX"},"content":{"rendered":"<p>After wide volatility in the last two weeks, MCX Clearing Corporation raised margins for the crude oil contract, focusing more on the sale-side margin. <\/p>\n<p>This has resulted in a price increase in crude oil with support from international prices, which also went up. At 11.30 pm on Wednesday, MCX crude oil futures were trading at Rs 1,183 per barrel, up 17.7 per cent from Tuesday\u2019s close. <\/p>\n<p>On Nymex, WTI crude oil \u2014 the benchmark for the MCX \u2014 was trading at 25.2 per cent higher at $15.45 after reports of some European nations, Australia and New Zealand lifting lockdown leading to increase in oil demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After wide volatility in the last two weeks, MCX Clearing Corporation raised margins for the crude oil contract, focusing more on the sale-side margin. This has resulted in a price increase in crude oil with support from international prices, which also went up. At 11.30 pm on Wednesday, MCX crude oil futures were trading at Rs 1,183 per barrel, up 17.7 per cent from Tuesday\u2019s close. On Nymex, WTI crude oil \u2014 the benchmark for the MCX \u2014 was trading at 25.2 per cent higher at $15.45 after reports of some European nations, Australia and New Zealand lifting lockdown leading [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-348819","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348819"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348819\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}