energyFlash
MCX Crude Reverses 4.12% to ₹8,318 as WTI Slides 3.60% and Rupee Weakens
Source: BhaavBrief Flash Monitor
MCX Crude has shed ₹357/bbl, falling from ₹8,675 to ₹8,318 — fully reversing and extending beyond the 3.02% surge reported at 03:55 am IST. The primary mechanical driver is WTI crude declining 3.60% from $90.03 to $86.79/bbl, with Brent similarly down 3.66% to $89.69. A marginally weaker rupee at ₹95.75 against the US dollar (up 0.41%) offered only marginal cushion, insufficient to offset the sharp dollar-price drop. MCX Natural Gas mirrors the energy complex weakness, off 3.63% to ₹294.6. The session close now sits below the prior flash's entry level.
Watch: ₹8,250 as the next support level to monitor.