Considering advanced prints from CME Group for crude oil futures markets, open interest went up for the second consecutive session, this time by aroun
d 14.8K contracts. On the other hand, volume shrank for the second straight session, now by around 67.8K contracts. WTI: Gains appear so far capped by $90.
00 Friday’s recovery in prices of WTI was on the back of increasing open interest and shrinking volume. Against that, the continuation of the multi-session consolidative phase appears on the cards in the very near term. In the meantime, the $90.00 per barrel continues to limit occasional bullish attempts for the time being.
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.
Gold Futures: Room for further gains near termOpen interest in gold futures markets resumed the uptrend and rose by around 8.1K contracts on Friday according to preliminary readings from CME Group
Read more »
Crude Oil Steadies as Markets Assess Middle East Risks Ahead of the FedThe crude oil price is struggling for direction as the uncertainty for energy supply going forward weighs on sentiment. US Dollar gyrations are also dominating markets as the Fed decision looms.
Read more »
Gold Mining Stocks: Q3 Headwinds Could Cast a Shadow on Potential RallyStocks Analysis by Gary Tanashian covering: XAU/USD, US Dollar Index Futures, Gold Futures, Crude Oil WTI Futures. Read Gary Tanashian's latest article on Investing.com
Read more »
Here's What Markets Have Already Priced In About the Mideast WarMarket Overview Analysis by Steve Saville covering: XAU/USD, US Dollar Index Futures, Gold Futures, Crude Oil WTI Futures. Read Steve Saville's latest article on Investing.com
Read more »
Deputy Treasury Sec’y on Further Iran Oil Sanctions: We’ve Gone After Iran, Including on OilSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
CME Whisker Away From Replacing Binance as Top Bitcoin Futures ExchangeOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »