Crude Oil Futures: Extra weakness not ruled out

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Crude Oil Futures: Extra weakness not ruled out
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Crude Oil Futures: Extra weakness not ruled out – by pabspiovano Oil Commodities Energy OpenInterest Futures

ary readings from CME Group. Volume followed suit and went up by around 79.5K contracts after two daily builds in a row.started the week with marginal gains amidst a volatile session. Monday’s price action was on the back of diminishing open interest and volume and does not rule out further losses in the very near term. That said, the next support of note emerges at the YTD low at $74.30 recorded on January 3.

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