Crude Oil Futures: Extra gains under scrutiny – by pabspiovano Oil Commodities Energy OpenInterest Futures
third daily drop in a row. In the same line, volume resumed the decline and went down by almost 155K contracts.finally closed above the $80.00 mark on Friday. The move, however, was on the back of dwindling open interest and volume and suggests that corrective move could emerge in the very near term. The resumption of the upside, in the meantime, now targets the YTD high of $83.49 per barrel .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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