Crude Oil Futures: Extra decline still favoured

Norge Nyheter Nyheter

Crude Oil Futures: Extra decline still favoured
Norge Siste Nytt,Norge Overskrifter
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Crude Oil Futures: Extra decline still favoured Oil Commodities Energy OpenInterest Futures

e by around 23.5K contracts. Volume followed suit and went up by more than 227K contracts, reversing the previous daily drop.dropped sharply and extended the weekly leg lower on Friday. The strong decline came in tandem with increasing open interest and volume and is indicative that extra pullbacks remain well in store for the time being. The immediate support of note emerges at the 2023 low at $72.50 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.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

FXStreetNews /  🏆 14. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Stock futures slide to start week with more earnings and a Powell speech aheadStock futures slide to start week with more earnings and a Powell speech aheadU.S. stock futures were lower to start trading as investors awaited more earnings and an important speech from Federal Reserve Chairman Jerome Powell.
Les mer »

S&P 500 Futures, Treasury bond yields portray risk aversion amid US-China tension, Fed concernsS&P 500 Futures, Treasury bond yields portray risk aversion amid US-China tension, Fed concernsS&P 500 Futures, Treasury bond yields portray risk aversion amid US-China tension, Fed concerns – by anilpanchal7 SP500 Futures YieldCurve China Fed
Les mer »

Dow futures trade lower, earnings in focus By Investing.comDow futures trade lower, earnings in focus By Investing.com*DOW FUTURES TRADE LOWER, POWELL & EARNINGS IN FOCUS $DIA $SPY $QQQ 🇺🇸🇺🇸
Les mer »

U.S. stock futures point to further losses after payrolls shockerU.S. stock futures point to further losses after payrolls shockerU.S. stock futures pointed to a second day of losses after an unexpectedly strong jobs report renewed worries about how high the Federal Reserve will have to...
Les mer »

Natural Gas Futures: No respite to the decline so farNatural Gas Futures: No respite to the decline so farIn light of advanced prints from CME Group for natural gas futures, open interest extended the uptrend in place since January 24 and rose by around 10
Les mer »

WTI gauges a cushion around $73.00, downside seems favored as US recession fears deepenWTI gauges a cushion around $73.00, downside seems favored as US recession fears deepenWest Texas Intermediate (WTI), futures on NYMEX, is gauging an intermediate cushion after dropping to near the critical support of $73.00. The oil pri
Les mer »



Render Time: 2025-03-06 20:51:01