Crude Oil Futures: Recovery has further legs to go Oil Commodities Energy OpenInterest Futures
keeping the erratic performance unchanged for the time being. Volume, in the same direction, resumed the uptrend and rose by around 241.7K contracts.extended the weekly rebound on Friday. The move was in tandem with rising open interest and volume and suggests that further gains look likely in the very near term. The surpass of the key $80.00 mark per barrel should pave the way for a test of the February high at $80.57 ahead of the so far 2023 peak at $82.60 .
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