Crude Oil Futures: Extra rebound appears likely Oil Commodities Energy OpenInterest Futures
CME Group’s flash data for crude oil futures markets noted traders scaled back their open interest positions for the third day in a row on Monday, this time by around 6.6K contracts. In the same line, volume shrank for the second straight session, now by around 146.7K contracts.started the week on the back foot, although the daily decline was amidst declining open interest and volume, which warns against the continuation of the retracement and favours further recovery instead.
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