Live commodity rate
Crude oil price today (MCX, live)
Crude Oil · ₹ / barrel · MCX front-month futures
₹9,645.00
−₹155.00 (-1.58%)
Live · last updated 26 Oct 2026, 04:07 pm IST
Open
9,603.00
Previous close
9,800.00
Day high
9,705.00
Day low
9,576.00
| Quantity / purity | Rate today |
|---|---|
| Crude oil — 1 barrel | ₹9,645 |
| Crude oil — 1 litre (159 L per barrel) | ₹60.67 |
| Crude oil — 10 barrels | ₹96,450 |
| One MCX lot (100 barrels) | ₹9,64,500 |
What moves this price
- • OPEC+ production decisions and compliance with agreed quotas.
- • US inventory data (EIA weekly stocks) and shale output.
- • Global demand signals from China, the US and India, the world's third-largest importer.
- • Geopolitics along shipping and pipeline routes.
- • The dollar index — oil is priced in dollars, so rupee terms move with USD/INR too.
TrendRipperX explainer
Why crude oil matters more to India than almost any other price
India imports the large majority of the crude oil it refines, which makes oil one of the country's biggest macroeconomic sensitivities. Higher crude widens the trade deficit, pressures the rupee, feeds into inflation through fuel and transport costs, and can limit how far the Reserve Bank is willing to cut interest rates.
MCX crude futures shown on this page are priced in rupees and track international benchmarks, so they move with both the global oil price and the rupee.
Winners and losers in the stock market
Falling crude generally helps oil-marketing companies, paint makers, tyre makers, airlines and chemical companies that use crude derivatives as raw material. Rising crude tends to favour upstream producers. The relationship is not mechanical — government pricing policy, inventory gains and losses, and demand all interfere — so read crude as one input, not a trading rule.
All commodity rates today
| Commodity | Unit | Price | Change | Day range |
|---|---|---|---|---|
| Gold | ₹ / 10 g | 1,42,938.00 | +0.64% | 1,42,132.00 – 1,43,100.00 |
| Silver | ₹ / kg | 1,95,980.00 | +0.13% | 1,94,662.00 – 1,97,186.00 |
| Crude Oil | ₹ / barrel | 9,645.00 | -1.58% | 9,576.00 – 9,705.00 |
| Natural Gas | ₹ / mmBtu | 239.10 | -5.27% | 238.30 – 244.90 |
| Copper | ₹ / kg | 1,384.05 | +0.50% | 1,370.05 – 1,390.40 |
| Zinc | ₹ / kg | 433.20 | +2.59% | 420.45 – 437.00 |
| Aluminium | ₹ / kg | 328.90 | +0.41% | 325.20 – 330.25 |
| Nickel | ₹ / kg | 1,508.00 | -0.35% | 1,495.00 – 1,510.00 |
Frequently asked questions
What is the crude oil price today in India?
MCX crude oil futures are at ₹9,645.00 per barrel, down 1.58% (−₹155.00) from the previous close. In litre terms that is about ₹60.67 per litre of unrefined crude, before refining, taxes and dealer margins.
Why doesn't petrol get cheaper when crude falls?
Pump prices are dominated by central excise, state VAT, dealer commission and refining margins. Crude is roughly a third of the retail petrol price in India, and oil marketing companies smooth changes over weeks.
Which crude does MCX track?
MCX crude oil futures settle against WTI (West Texas Intermediate) prices on NYMEX, converted to rupees. Brent-linked MCX contracts trade separately.
What is the MCX crude oil lot size?
The standard contract is 100 barrels; the mini contract is 10 barrels. Values in the table above use those lot sizes.
Prices are MCX front-month futures via Upstox, refreshed every minute during market hours. Retail rates differ after GST, making charges and dealer margins. For information only, not investment advice.