{"id":342057,"date":"2026-11-06T14:18:24","date_gmt":"2026-11-06T08:48:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342057"},"modified":"2026-11-06T14:18:24","modified_gmt":"2026-11-06T08:48:24","slug":"crude-oil-price-today-mcx-8607","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/","title":{"rendered":"Adani Ports Evos Acquisition: Adani Ports Share Price Gains 2.38% as Binding Offer for Evos Terminals Targets Liquid Storage and European Expansion"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>MCX crude Nov futures Rs 8,607 (+0.55%) at 12:50 PM, 6 Nov. Day range Rs 8,572 to 8,740. Dec Rs 8,513. BPCL -0.95%. ONGC +0.27%. IndiGo -0.55%.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Crude oil price today on MCX is Rs 8,607 per barrel for November futures, up Rs 47 or 0.55% at 12:50 PM IST on 6 November 2026. The December contract is at Rs 8,513, and later months trade lower still, which shows a downward-sloping futures curve. Oil marketing companies such as BPCL and users such as IndiGo and Asian Paints are slightly lower, while producer ONGC is up 0.27%.<\/p>\n<\/p><\/div>\n<p><strong>Crude oil price today<\/strong> is edging higher on the Multi Commodity Exchange. The November MCX crude oil futures contract was quoted at Rs 8,607 per barrel at 12:50 PM IST on Friday, 6 November 2026, up 0.55% from the previous close of Rs 8,560. The day&#8217;s range so far is Rs 8,572 to Rs 8,740.<\/p>\n<p>Equity markets link that move to oil and gas stocks. <strong>Oil marketing companies<\/strong>, tracked as OMC stocks, such as Bharat Petroleum (down 0.95% at Rs 314.10) face higher <strong>input costs<\/strong>, while <strong>upstream<\/strong> producer ONGC is up 0.27% at Rs 230.61. This report covers the <strong>futures curve<\/strong> and <strong>backwardation<\/strong>, and how <strong>aviation turbine fuel<\/strong> costs weigh on airlines.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=crude-oil-price-today-mcx-8607\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#Crude_Oil_Price_Today_on_MCX_Contract_Prices\" title=\"Crude Oil Price Today on MCX: Contract Prices\">Crude Oil Price Today on MCX: Contract Prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#What_the_Futures_Curve_Says_About_Crude_Oil_Price_Today\" title=\"What the Futures Curve Says About Crude Oil Price Today\">What the Futures Curve Says About Crude Oil Price Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#How_Oil_and_Gas_Stocks_React_to_Crude_Oil_Price_Today\" title=\"How Oil and Gas Stocks React to Crude Oil Price Today\">How Oil and Gas Stocks React to Crude Oil Price Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#ONGC_Q2_and_the_Dividend_Date\" title=\"ONGC, Q2 and the Dividend Date\">ONGC, Q2 and the Dividend Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#What_to_Track_Beyond_the_Crude_Oil_Price_Today\" title=\"What to Track Beyond the Crude Oil Price Today\">What to Track Beyond the Crude Oil Price Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#Crude_Oil_Price_Today_Frequently_Asked_Questions\" title=\"Crude Oil Price Today: Frequently Asked Questions\">Crude Oil Price Today: Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#What_is_the_crude_oil_price_today_on_MCX\" title=\"What is the crude oil price today on MCX?\">What is the crude oil price today on MCX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#What_is_the_day_range_of_MCX_crude_oil_today\" title=\"What is the day range of MCX crude oil today?\">What is the day range of MCX crude oil today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#Which_stocks_gain_when_the_crude_oil_price_today_moves_up\" title=\"Which stocks gain when the crude oil price today moves up?\">Which stocks gain when the crude oil price today moves up?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#Which_stocks_are_hurt_by_a_higher_crude_oil_price_today\" title=\"Which stocks are hurt by a higher crude oil price today?\">Which stocks are hurt by a higher crude oil price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#What_does_a_downward-sloping_crude_futures_curve_mean\" title=\"What does a downward-sloping crude futures curve mean?\">What does a downward-sloping crude futures curve mean?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#What_did_ONGC_announce_about_its_dividend\" title=\"What did ONGC announce about its dividend?\">What did ONGC announce about its dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-mcx-8607\/#Should_I_trade_crude-linked_stocks_based_on_the_crude_oil_price_today\" title=\"Should I trade crude-linked stocks based on the crude oil price today?\">Should I trade crude-linked stocks based on the crude oil price today?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Crude_Oil_Price_Today_on_MCX_Contract_Prices\"><\/span><strong>Crude Oil Price Today on MCX: Contract Prices<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The front-month November contract sets the <strong>crude oil price today<\/strong> that most traders quote, with the heaviest volume of the four contracts shown. Contracts for later months are priced lower, so the market is asking less for oil delivered further out. All four contracts shown below are up between 0.55% and 0.77% for the day.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">MCX Crude Oil Contract<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">Last Traded (Rs per barrel)<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">Day Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Crude Oil 19 Nov futures<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">8,607<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">+0.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Crude Oil 18 Dec futures<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">8,513<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">+0.71%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Crude Oil 19 Jan futures<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">8,385<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">+0.77%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Crude Oil Mini 19 Feb futures<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">8,259<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">+0.74%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: MCX contract data via live market feed, 6 November 2026, 12:50 PM IST. <strong>Crude oil price today<\/strong> changes continuously.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Futures_Curve_Says_About_Crude_Oil_Price_Today\"><\/span><strong>What the Futures Curve Says About Crude Oil Price Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When near-month contracts trade above later months, traders call the structure <strong>backwardation<\/strong>. Here the difference between the November and February contracts is about Rs 348 per barrel. Backwardation is often associated with tight near-term supply or strong immediate demand, though a <strong>futures curve<\/strong> alone cannot prove either cause.<\/p>\n<p>The curve is a descriptive indicator. It tells us what traders are paying for oil at different delivery dates, and it does not predict the actual price path.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Oil_and_Gas_Stocks_React_to_Crude_Oil_Price_Today\"><\/span><strong>How Oil and Gas Stocks React to Crude Oil Price Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Oil marketing companies<\/strong>, tracked as OMC stocks, buy crude and sell petrol, diesel and LPG, so their margins depend on the gap between crude costs and regulated or market retail prices. <strong>Upstream<\/strong> producers such as ONGC earn more per barrel when prices rise. Airlines spend heavily on <strong>aviation turbine fuel<\/strong>, and paint makers use crude-linked raw materials, so higher oil raises <strong>input costs<\/strong> for both.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">Exposure to Crude<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">Price (12:50 PM)<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:6px;text-align:left;background:#F0F0F0;\">Day Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\"><a href=\"https:\/\/univest.in\/stocks\/bpcl\/bharat-petroleum-corporation-ltd-share-price-today\">BPCL<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Oil marketing company; crude is an input<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Rs 314.10<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">-0.95%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\"><a href=\"https:\/\/univest.in\/stocks\/ioc\/indian-oil-corporation-ltd-share-price-today\">Indian Oil<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Oil marketing and refining; crude is an input<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Rs 144.35<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">-0.10%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\"><a href=\"https:\/\/univest.in\/stocks\/ongc\/oil-and-natural-gas-corporation-ltd-share-price-today\">ONGC<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Upstream producer; benefits from higher prices<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Rs 230.61<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">+0.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\"><a href=\"https:\/\/univest.in\/stocks\/indigo\/interglobe-aviation-ltd-share-price-today\">IndiGo<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Airline; fuel is a major cost<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Rs 5,390.40<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">-0.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\"><a href=\"https:\/\/univest.in\/stocks\/asianpaint\/asian-paints-ltd-share-price-today\">Asian Paints<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Paint maker; crude-linked raw materials<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">Rs 2,499.30<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:6px;\">-0.97%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: NSE prices at 12:50 PM IST, 6 November 2026. Reactions on a single day are not proof of cause.<\/p>\n<p>Today&#8217;s pattern fits the usual link between the <strong>crude oil price today<\/strong> and these stocks: marketing and consuming names are lower, and the producer is higher. The moves are small, though, and other drivers such as results, market direction and currency also affect each stock.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Click Here &#8211; Screen Energy Stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"ONGC_Q2_and_the_Dividend_Date\"><\/span><strong>ONGC, Q2 and the Dividend Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ONGC was due to report Q2 on 5 November, with brokerages expecting standalone profit in a range of Rs 15,550 to Rs 16,423 crore before the release. The company had fixed 12 November as the record date for its interim dividend, if declared. Check the exchange filing for actual Q2 numbers and any dividend amount, as they are not confirmed here.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Track_Beyond_the_Crude_Oil_Price_Today\"><\/span><strong>What to Track Beyond the Crude Oil Price Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors in energy-sensitive stocks usually follow Brent crude, the rupee-dollar rate, retail fuel price decisions and company results. A rise in crude with a weak rupee adds to import costs. Airlines and paint makers often comment on fuel and raw-material costs in their quarterly calls.<\/p>\n<p>For short-term traders, the <strong>crude oil price today<\/strong> and its day range of Rs 8,572 to Rs 8,740 in the front-month MCX contract is a simple reference. For long-term investors, balance sheets and cash generation matter more than a day&#8217;s oil move.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track crude-sensitive stocks and commodity moves.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Crude oil price today is up 0.55% at Rs 8,607 per barrel on MCX, with later contracts priced lower. Oil marketing, airline and paint stocks are slightly down while ONGC is up, in line with their usual crude sensitivity. Treat single-day moves with caution and confirm prices on the exchanges before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and company disclosures. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Crude_Oil_Price_Today_Frequently_Asked_Questions\"><\/span><strong>Crude Oil Price Today: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_crude_oil_price_today_on_MCX\"><\/span><strong>What is the crude oil price today on MCX?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The November MCX crude oil futures contract was at Rs 8,607 per barrel at 12:50 PM IST on 6 November 2026, up Rs 47 or 0.55% from the previous close of Rs 8,560. The December contract was at Rs 8,513. Check the live quote for the latest price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_day_range_of_MCX_crude_oil_today\"><\/span><strong>What is the day range of MCX crude oil today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The November contract has traded between Rs 8,572 and Rs 8,740 so far on 6 November 2026. It opened at Rs 8,665. The range can widen as the session continues.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_gain_when_the_crude_oil_price_today_moves_up\"><\/span><strong>Which stocks gain when the crude oil price today moves up?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Upstream producers such as ONGC and Oil India typically benefit from higher oil prices. Today ONGC is up 0.27% at Rs 230.61. Individual stock moves also depend on results and market direction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_are_hurt_by_a_higher_crude_oil_price_today\"><\/span><strong>Which stocks are hurt by a higher crude oil price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil marketing companies such as BPCL and Indian Oil, airlines such as IndiGo and paint makers such as Asian Paints face higher input or fuel costs. Today BPCL is down 0.95%, IndiGo down 0.55% and Asian Paints down 0.97%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_a_downward-sloping_crude_futures_curve_mean\"><\/span><strong>What does a downward-sloping crude futures curve mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It means near-month contracts trade above later months, which traders call backwardation. On MCX, November is at Rs 8,607 and February mini is at Rs 8,259. It describes pricing and does not forecast the future price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_did_ONGC_announce_about_its_dividend\"><\/span><strong>What did ONGC announce about its dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company had fixed 12 November 2026 as the record date for an interim dividend, if declared. Confirm the amount and Q2 profit in the exchange filing, as they are not verified in this article.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_trade_crude-linked_stocks_based_on_the_crude_oil_price_today\"><\/span><strong>Should I trade crude-linked stocks based on the crude oil price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil moves are one input among many, including results, valuation and market trend. Use stop-loss levels and size positions to your risk. This article is educational and is not investment advice.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the crude oil price today on MCX?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The November MCX crude oil futures contract was at Rs 8,607 per barrel at 12:50 PM IST on 6 November 2026, up Rs 47 or 0.55% from the previous close of Rs 8,560. The December contract was at Rs 8,513. Check the live quote for the latest price.\"}},{\"@type\":\"Question\",\"name\":\"What is the day range of MCX crude oil today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The November contract has traded between Rs 8,572 and Rs 8,740 so far on 6 November 2026. It opened at Rs 8,665. The range can widen as the session continues.\"}},{\"@type\":\"Question\",\"name\":\"Which stocks gain when the crude oil price today moves up?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Upstream producers such as ONGC and Oil India typically benefit from higher oil prices. Today ONGC is up 0.27% at Rs 230.61. Individual stock moves also depend on results and market direction.\"}},{\"@type\":\"Question\",\"name\":\"Which stocks are hurt by a higher crude oil price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil marketing companies such as BPCL and Indian Oil, airlines such as IndiGo and paint makers such as Asian Paints face higher input or fuel costs. Today BPCL is down 0.95%, IndiGo down 0.55% and Asian Paints down 0.97%.\"}},{\"@type\":\"Question\",\"name\":\"What does a downward-sloping crude futures curve mean?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It means near-month contracts trade above later months, which traders call backwardation. On MCX, November is at Rs 8,607 and February mini is at Rs 8,259. It describes pricing and does not forecast the future price.\"}},{\"@type\":\"Question\",\"name\":\"What did ONGC announce about its dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The company had fixed 12 November 2026 as the record date for an interim dividend, if declared. Confirm the amount and Q2 profit in the exchange filing, as they are not verified in this article.\"}},{\"@type\":\"Question\",\"name\":\"Should I trade crude-linked stocks based on the crude oil price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil moves are one input among many, including results, valuation and market trend. Use stop-loss levels and size positions to your risk. This article is educational and is not investment advice.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil price today on MCX crude oil is Rs 8,607, up 0.55%. See the futures curve, backwardation and how OMC stocks and oil and gas stocks like BPCL, ONGC react.<\/p>\n","protected":false},"author":29,"featured_media":342056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[603,12501,4387,4351,21265,4215,1231,7157],"class_list":["post-342057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asian-paints","tag-bpcl","tag-crude-oil-price-today","tag-indigo","tag-mcx-crude-oil","tag-oil-and-gas-stocks","tag-omc-stocks","tag-ongc"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342056"],"rank_math_title":["Crude Oil Price Today: MCX Crude Oil Rs 8,607, Futures Curve"],"rank_math_description":["Crude oil price today on MCX crude oil is Rs 8,607, up 0.55%. See the futures curve, backwardation and how OMC stocks and oil and gas stocks like BPCL, ONGC react."],"rank_math_focus_keyword":["crude oil price today | Density Target: 1.2-1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/adani-ports-evos-acquisition-adani-ports-share-price-gains-2-38-as-binding-offer.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/342057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=342057"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/342057\/revisions"}],"predecessor-version":[{"id":342058,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/342057\/revisions\/342058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/342056"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=342057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=342057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=342057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}