Crude Oil Futures: Extra gains favoured near term – by pabspiovano Oil Commodities OpenInterest Futures Energy
this time by around 13.7K contracts. In the same line, volume went up by around 98.5K contracts after three consecutive daily pullbacks.rose to fresh highs past the $79.00 yardstick at the beginning of the week. The positive price action was accompanied by rising open interest and volume and exposes the probable continuation of the upside momentum in the very near term. Against that, the immediate hurdle still emerges at the key $80.00 mark per barrel.
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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CAD pares recent losses below 1.3200 as WTI crude oil retreats, US Dollar edges higherUSD/CAD licks its wounds near 1.3175-80 after marking the biggest daily loss in eight days. In doing so, the Loonie pair justifies the latest retreat
Read more »
Cam Newton Taunts Heckler With Crude GestureCam Newton taunted a heckler with a crude gesture at a recent football event.
Read more »
XRP Futures Contracts Open Interest Peaks at $1.2B, Highest Since November 2021Data from CoinGlass reveals that the open interest for XRP futures contracts has reached a staggering $1.2 billion
Read more »
S&P500 Futures, yields aptly portray cautious mood ahead of key data, central bank announcementsS&P500 Futures, yields aptly portray cautious mood ahead of key data, central bank announcements – by anilpanchal7 SP500 YieldCurve Fed PMI RiskAversion
Read more »