Crude Oil Futures: Extra gains unlikely near term Oil Commodities Energy OpenInterest Futures
cutive daily builds on Friday. In the same line, volume reversed three straight daily advances and went down by nearly 450K contracts.was amidst shrinking open interest and volume, removing strength from the continuation of the rebound at least in the very near term. That said, the commodity is likely seen maintaining the current consolidation range for the time being. Gains, in the meantime, appear limited above the $74.00 mark per barrel so far.
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