Crude Oil Futures: Further upside in the pipeline Oil Commodities Energy OpenInterest Futures
ing the previous daily drop. Volume followed suit and rose by around 142.5K contracts, resuming the uptrend after the previous pullback.was accompanied by rising open interest and volume and is indicative that further upside lies ahead in the very near term. The surpass of the key 200-day SMA at $83.04 could motivate the commodity to embark on a potential move to the November 2022 high at $93.73 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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