What will Crude Oil (CL) settle at in March?
Market Description
This market will resolve according to the official CME settlement price for the Active Month of Crude Oil futures on the final trading day of March 2026. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final trading day of the month is shortened (for example, due to a market-holiday schedule), the official settlement price published for that shortened session will still be used for resolution. If no settlement price is published for that session, the market will use the most recent published settlement for the Active Month during March. For CME Crude Oil (CL) futures contracts, the active month is the nearest of the contract months listed. The active month becomes a non-active month effective two business days prior to the spot month expiration. For example; if the spot month expires on a Friday the next listed contract will be considered the Active Month on the Wednesday prior to the spot month expiration. Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count. Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract. Only days during March on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored. This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for the relevant trading day, regardless of any later corrections or updates. The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Crude Oil (CL) futures.
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MUMBAI, Mar 16: The rupee weakened by 10 paise to settle at a fresh record low of 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and incessant withdrawal of foreign funds triggered by geopolitical uncertainties. The local currency, however, resisted a sharp fall backed by a significant recovery in domestic equity markets amid hopes of the reopening of the Strait of Hormuz, according to forex traders. At the interbank foreign exchange, the local unit opened […]
India Business News: The rupee weakened by 10 paise to settle at a fresh record low of Rs 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices.
Stock market today: On Friday, the Sensex fell 1,471 points, or 1.93%, to close at 74,563.92, while the Nifty 50 dropped 488 points, or 2.06%, to settle at 23,151.10.
MUMBAI, Mar 12: Benchmark equity indices ended with deep cuts on Thursday, with the Sensex tumbling over 800 points amid a sharp rise in crude oil prices due to the heightening crisis in West Asia. Besides, sluggish global market trends, weakness in the rupee and persistent foreign capital outflows also rattled investors’ sentiment, analysts said. The 30-share BSE Sensex tanked 829.29 points, or 1.08 per cent, to settle at 76,034.42. During the day, it plunged 992.53 points or 1.29 per […]
A barrel of benchmark U.S. crude rose 9.7% to settle at $95.73.
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Rupee fell 16 paise to settle at 92.01 against the US dollar, pressured by rising crude oil prices, FII outflows, weak equities, and a stronger dollar amid West Asia tensions.
MUMBAI, Mar 11: Stock market benchmark indices Sensex and Nifty ended nearly 2 per cent lower on Wednesday after a day’s breather following a spike in crude oil prices amid growing tensions in West Asia. Besides, sustained foreign fund outflows and selling in blue-chip bank stocks also drove the markets lower. The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to settle at 76,863.71. During the day, it dropped 1,446.72 points or 1.84 per cent to 76,759.26. The […]
MUMBAI, Mar 11: The rupee declined 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger greenback as the war in West Asia raged on. FII outflows and weak sentiments in the domestic equity markets further pressured the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 91.92 against the US dollar and traded in the range […]
The impact on margins would depend on where crude oil prices settle, how long they remain at those levels, and the pricing actions taken by companies. According to the report's long-term analysis, a roughly 10 per cent quarter-on-quarter increase in crude prices has historically resulted in about a 130 basis point quarter-on-quarter decline in gross margins in aggregate.