Crude Oil Futures: Further decline on the cards

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Crude Oil Futures: Further decline on the cards
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Crude Oil Futures: Further decline on the cards By pabspiovano Oil Commodities Energy OpenInterest Futures

g the choppy activity seen as of late. Volume, instead, shrank for the second session in a row, this time by around 66.6K contracts.continued on Monday. Furthermore, the downtick was in tandem with rising open interest, which is supportive of extra losses in the very near term. Against that, the $80.00 mark per barrel should initially hold the downside in the short-term horizon.

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