Guide · measured
Crude oil market hours in IST
Crude oil trades 24/7 on Swiftedge, but the WTI market it follows has fixed times, and in India they fall in the evening: the futures day session opens at 19:30 IST, the weekly EIA crude inventory report comes on Wednesday at 21:00 IST and WTI settles at 01:00 IST (US winter time).
Crude oil times in IST
Every fixed time, in India Standard Time first. The US and the UK change to and from summer time on different dates, so the IST times move by an hour twice a year.
| Time | IST (US winter time) | IST (US summer time) | New York |
|---|---|---|---|
| Oil futures day session opens (09:00 New York) | 19:30 | 18:30 | 09:00 |
| EIA weekly report, Wednesday (10:30 New York) | 21:00 | 20:00 | 10:30 |
| WTI settlement (14:30 New York) | 01:00 | 00:00 | 14:30 |
| API weekly survey, Tuesday (16:30 New York) | 03:00 | 02:00 | 16:30 |
| Daily break begins (17:00 New York) | 03:30 | 02:30 | 17:00 |
The futures market these times belong to opens for the week on Sunday 18:00 New York time and closes on Friday 17:00, with a one-hour break every weekday evening: in IST that is Monday 04:30 to Saturday 03:30 while the US is on standard time (early November to mid-March), an hour earlier during US summer time, with the daily break from 03:30 to 04:30 IST. The perpetual on Swiftedge trades 24/7 through all of it.
Holiday weeks. After a Monday US holiday the EIA report moves to Thursday at 12:00 New York time and the API survey to Wednesday. Busiest hours: the oil perpetual traded most at 13:00 and 15:00 to 17:00 UTC: 18:30 and 20:30 to 22:30 IST. Crude oil per barrel in rupees, live: crude oil today in India.
Today's times, holidays and early closes are on Crude oil trading sessions.
Common questions
When is the EIA report in IST?
On Wednesday at 21:00 IST in US winter time and 20:00 IST in US summer time.
When does crude oil trade in India?
The oil perpetual on Swiftedge trades 24/7. The WTI futures market is open from Monday 04:30 IST to Saturday 03:30 IST (US winter time), except a daily break.