Crude Oil Futures: Further recovery seems out of favour

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Crude Oil Futures: Further recovery seems out of favour Oil Commodities Energy OpenInterest Futures

eliminary readings from CME Group. On the other hand, volume dropped for the second session in a row, this time by around 58.5K contracts.was in tandem with shrinking open interest and volume, opening the door to a corrective decline in the very near term. That said, the immediate contention emerges at the key $70.00 mark ahead of the late May lows near the $67.00 mark per barrel.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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