Crude Oil Futures: A deeper drop is not favoured Oil Commodities Energy OpenInterest Futures
ts. On the other hand, volume went up by around 163.3K contracts after two consecutive daily pullbacks.was accompanied by shrinking open interest, which rules out a sustained drop in the very near term at least. Against that, further range bound trade appears in store for the commodity and with the immediate hurdle at the $80.00 mark per barrel.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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