Crude Oil Futures: Scope for extra retracement By pabspiovano Oil Commodities Energy OpenInterest Futures
ek, reversing a downtrend in place since April 7. Volume, instead, shrank by around 111.8K contracts, reaching the third consecutive daily pullback.traded on the defensive on Friday amidst rising open interest, hinting at the possibility of a deeper correction in the very near term and with the immediate target at the April low around the $93.00 mark .
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. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Abu Dhabi crude to head to Europe, replace Russian oil - sourcesA shipping unit of France's TotalEnergies has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in two years, according to traders and a shipping report on Monday.
Baca lebih lajut »
Despite U.S. sanctions, oil traders help Russian oil reach global marketsRussia is still making billions of dollars on oil exports since invading Ukraine. That crude is still flowing abroad thanks in part to a controversial group of oil traders.
Baca lebih lajut »
Musk Tries to Sting Gates WIth Crude ‘Pregnant Man’ TweetThe Tesla boss is apparently still miffed that the Microsoft founder shorted his stock.
Baca lebih lajut »
Elon Musk Makes Crude Bill Gates Joke, Angry Over Tesla ShortsICYMI: Elon Musk took a very public shot at Bill Gates, by invoking a new transgender-inclusive emoji.
Baca lebih lajut »
Analysis: Why India can buy Russian oil, and still be friends with the USThe White House went from calling India 'somewhat shaky' on Ukraine to hailing a 'deep connection' with New Delhi in the space of a few weeks. Shared concern over China's rising military power, India's reliance on Russian arms and a troubled Cold War history all help explain why.
Baca lebih lajut »
ESG Energy Crisis: U.S. Added Just One Oil Rig This WeekFAILED LEADERSHIP: The US added just one oil rig this week as the pain at the pump continues for working class Americans amid renewed pressure from climate change activists on investors to deny capital to fossil fuel producers.
Baca lebih lajut »