Crude Oil Futures: Extra rebound in the pipeline Oil Commodities Energy OpenInterest Futures
further the ongoing uptrend. Volume, instead, kept the erratic activity and dropped by around 115.1K contracts following the previous daily build.was on the back of increasing open interest, which is indicative that further recovery appears favoured in the very near term. There is an interim hurdle at the 55-day SMA at $77.45, while the vicinity of the $72.00 mark per barrel emerges as a decent support zone for the time being.
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