Crude Oil Futures: Further correction on the cards Oil Commodities Energy OpenInterest Futures
sixth consecutive daily build. Volume, instead, went down for the second straight session, this time by nearly 223K contracts.Crude oil prices gave away some gains on Wednesday amidst rising open interest, which is suggestive that further retracement appears likely in the very near term. Against that, it remains to be seen whether the
could fill Monday’s upside gap in response to the OPEC+ decision. On this, the next support is seen at $75.68 .Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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