Crude Oil Futures: Scope for further decline – by pabspiovano Oil Commodities Energy OpenInterest Futures
reaching the second consecutive build at the same time. Volume left behind the previous daily build and went down by around 312.4K contracts.extended the downtrend on Friday amidst rising open interest, which is supportive of the continuation of the downside in the very near term. Against that crude oil prices could revisit the key $70.00 mark per barrel sooner rather than later.
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