Crude Oil Futures: Scope for extra upside

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Crude Oil Futures: Scope for extra upside Oil Commodities Energy OpenInterest Futures

uptrend after the previous drop. On the flip side, volume went down for the third straight session, this time by almost 10K contracts.climbed further north of the key $80.00 on Friday. The move higher was in tandem with increasing open interest, which is supportive of further gains in the very near term at least. That said, the December 2022 high at $83.30 now emerges as the next hurdle of note for the commodity.

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