Crude Oil Futures: Further consolidation likely near term By pabspiovano Oil Commodities Energy OpenInterest Futures
y, recording the third consecutive daily gain. Volume followed suit and rose by the fourth straight session, this time by around 137.6K contracts.charted an inconclusive session on Wednesday amidst increasing open interest and volume. That said, further range bound around current levels should not be ruled out in the very near term, always with the immediate target at the $80.00 mark per barrel.
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