Crude Oil Futures: Further rebound could lose traction Oil Commodities Energy OpenInterest Futures
wing a drop of around 11.7K contracts. Volume, on the other hand, went up for the second session in a row, now by around 50.3K contracts.Thursday’s marked rebound in prices of the barrel of the
was accompanied by declining open interest, which is indicative that a more sustainable recovery seems not favoured for the time being. The next target on the downside, in the meantime, emerges at the 2023 low at $72.30.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.
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