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Multi Commodity Exchange of India (MCX) is a commodity exchange based in India. It was established in 2003 and is currently based in Mumbai . It is India's largest commodity derivatives exchange.
Most commodity markets around the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, and metals). Trading includes various types of derivatives contracts based on these commodities, such as forwards , futures and options , as well as spot ...
West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).
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The reversal comes after crude futures surged more than 12% over the last five sessions on speculation that a retaliatory move from Tel Aviv against Tehran in the ongoing Middle East conflict ...
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