Crude Oil Futures: Extra weakness not ruled out – by pabspiovano Oil Commodities Energy OpenInterest Futures
y, this time by around 5.5K contracts. Volume followed suit and reversed two straight builds and shrank by around 184.3K contracts.charted and inconclusive session on Thursday. The move was on the back of declining open interest and volume and exposes some lack of direction in the very near term, while the resumption of the previous downtrend should not be ruled out. Against that, another visit to the September low at $76.28 remains in the pipeline.
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