Crude Oil Futures: Extra decline looks contained – by pabspiovano Oil Commodities Energy OpenInterest Futures
s at the beginning of the week, reaching the second consecutive daily drop. Volume followed suit and shrank by around 385.5K contracts, partially reversing the previous daily build.started the week on the defensive and gave away some gains after surpassing the $93.00 mark per barrel on Monday. The move was on the back of shrinking open interest and volume and leaves the possibility of further downside curtailed in the very near term.
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