• Crude Oil Futures: Room for extra upside

Noticias del mercado

26 julio 2023

Crude Oil Futures: Room for extra upside

Open interest in crude oil futures markets increased for the third session in a row on Tuesday, this time by nearly 30K contracts according to preliminary readings from CME Group. Volume, instead, dropped by around 18.2K contracts, partially reversing the previous daily build.

WTI remains focused on $80.00

WTI prices extended their upside against the backdrop of rising open interest on Tuesday. That said, there still seems to be chances for the commodity to reach the key $80.00 mark per barrel in the short-term horizon.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: