Today,the price of an October oil futures contract closed at $49.50 per barrel.Yesterday,the contract closed at $50.25.When margin accounts are marked to market,

Question

Quizplus · Accepted Answer

When margin accounts are marked to market, the account holder will either receive a credit or a debit depending on the change in the contract price. In this case, since the contract price decreased by $0.75, long positions would have $0.75 per barrel deducted from their margin account. So, option B is the correct answer.

Today,the Price of an October Oil Futures Contract Closed at $49.50