Crude Oil Futures: Some consolidation looks likely Oil Commodities Energy OpenInterest Futures
Monday’s marked retracement in prices of thewas in tandem with rising open interest and a sharp decline in volume. Against that backdrop, prices of the commodity seem to be in the early stages of a potential consolidative phase. On the upside, the 2023 high near $83.50 continues to limit the upside for the time being.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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