Gurpurub Offer - GURPURUB24

Join Here

NSE India Launched Rupee-Denominated NYMEX WTI Crude Oil & Natural Gas Futures Contracts

Published on May 17, 2023
Current Context: NSE India launching Rupee-Denominated NYMEX WTI Crude Oil & Natural Gas Futures Contracts, this is a recent development that happened on Monday, May 15, 2023.
NSE India Launched Rupee-Denominated NYMEX WTI Crude Oil & Natural Gas Futures Contracts
  • The launch of these contracts will provide effective trading and hedging opportunities to the market participants, with the availability of key energy products on a single trading platform.
  • The NYMEX WTI Crude Oil and Natural Gas contracts are among the world’s most traded commodity derivatives contracts generating interest from across the globe.
  • On Monday, the price of WTI Crude was trading at $70.32, while the Brent Crude was trading at $74.42 on New York Mercantile Exchange (NYMEX). On the other hand, Natural Gas was trading at $2.3 on NYMEX.

Question:

Q.1 When did NSE India launch the Rupee-Denominated NYMEX WTI Crude Oil & Natural Gas Futures Contracts?
a. Monday, May 15, 2023
b. Wednesday, April 28, 2023
c. Friday, March 17, 2023
d. Sunday, June 11, 2023
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu