Crude Oil Futures: A sustained retracement appears unlikely

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Crude Oil Futures: A sustained retracement appears unlikely
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Crude Oil Futures: A sustained retracement appears unlikely Oil Commodities Energy OpenInterest Futures

his time by around 11.2K contracts. In the same line, volume partially reversed the previous daily build and shrank by around 14.4K contracts.resumed the downtrend on Tuesday amidst dwindling open interest and volume, which hints at the likelihood that a convincing decline seems out of favour for the time being. That said, the next support of note for the commodity remains at the YTD low at $72.30 .

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