Crude Oil Futures: Further decline looks unlikely Oil Commodities Energy OpenInterest Futures
two daily builds in a row. Volume followed suit and dropped for the second consecutive session, this time by around 19.5K contracts.extended the corrective decline on Tuesday. The bearish move was on the back of shrinking open interest and volume and removes strength from potential future retracements. In the meantime, the $80.00 mark per barrel continues to hold the downside in the commodity for the time being.
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