Crude Oil Futures: Further consolidation on the cards – by pabspiovano Oil Commodities Energy OpenInterest Futures
consecutive daily drops. Volume, instead, shrank for the second session in a row, this time by around 123.7K contracts.charted an inconclusive session at the end of last week amidst a small uptick in open interest and shrinking volume. That said, extra range bound appears favoured in the very near term, although a potential drop to the multi-month lows near the $81.00 mark per barrel should not be ruled out.
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