crude oil option chain serve as valuable instruments for managing risk, especially in volatile markets. By purchasing options, traders can secure the right to buy or sell crude oil at predetermined prices, safeguarding against unfavorable price movements.
This strategy is particularly beneficial for industries reliant on oil, as it allows for budget stability and cost forecasting.
In the broader commodity market, the mentha oil rate today is ₹944.0 per kg, indicating a modest upward trend