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Crude Oil
Hi All,
I am trying to fetch MCX:CRUDEOIL22DECFUT using the websocket connection.
I get an empty response : res {"s":"ok","d":{"7202":[],"7208":[],"31038":[]}}
I am able to get the quotes for the same symbol but it somehow does not work on the websocket... (More)
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Crude Oil
Discussion
FYERS APIMCXCommoditiesCrude OilQuestion
Crude Oil
Answer
CommoditiesCrude Oil
Backwardation is a situation wherein the spot price of a commodity is higher than the futures price or wherein near-month futures contracts are more expensive than farther-month futures contracts.
The image above shows MCX crude oil futures prices for February... (More)
