CME Group’s flash data for crude oil futures markets noted traders added around 1.5K contracts to their open interest positions on Thursday, setting a
side five consecutive daily pullbacks. Volume followed suit and increased for the third straight session, now by more than 51K contracts. WTI: Immediately to the upside emerges $95.
00 Prices of WTI extended further the weekly recovery and approached the key $90.00 hurdle on Thursday. The daily uptick was accompanied by increasing open interest and volume and exposes the continuation of the advance in the very near term and with immediate barrier at the 2023 peak just below the $95.00 mark per barrel.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crude Oil Futures: Further upside looks not favouredConsidering advanced prints from CME Group for crude oil futures markets, open interest dropped for the fourth session in a row on Tuesday, now by aro
Read more »
Crude Oil Futures: Corrective move seems likely near termConsidering advanced prints from CME Group for crude oil futures markets, open interest shrank for the fifth consecutive session on Wednesday, now by
Read more »
Crude Oil: Will Israel-Hamas Conflict Escalation Fuel a Surge Past $100?Commodities Analysis by Investing.com (Damian Nowiszewski) covering: Brent Oil Futures, Crude Oil WTI Futures, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra Bloomberg Crude Oil. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.
Read more »
Gold Futures: Door open to extra gainsOpen interest in gold futures markets increased for the second session in a row on Wednesday, this time by around 7.2K contracts according to prelimin
Read more »
Crude Oil grinds higher, WTI aimed straight at $90West Texas Intermediary (WTI) barrel prices are getting pushed back into recent highs for Thursday, rising into $88.30 per barrel after kicking the da
Read more »
US crude oil stocks down 4.5M barrels last week as exports rose, imports fell -EIAUS crude oil stocks down 4.5M barrels last week as exports rose, imports fell -EIA
Read more »