Crude Oil Prices: Extra decline appears not favoured

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Crude Oil Prices: Extra decline appears not favoured
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Crude Oil Prices: Extra decline appears not favoured By pabspiovano Oil Commodities Energy Futures

inching the second straight drop so far. Volume, instead, extended the choppy activity and went up by around 12.2K contracts.was amidst shrinking open interest, suggesting that a deeper pullback remains out of favour for the time being. That said, decent support emerges around the $75.00 mark per barrel for the time being, while the immediate hurdle is located in the mid-$77.00s.

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