Crude Oil Futures: Corrective move on the cards

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Crude Oil Futures: Corrective move on the cards
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Crude Oil Futures: Corrective move on the cards Oil Commodities Energy OpenInterest Futures

me by more than 22K contracts. Volume followed suit and went down for the fourth straight session, now by around 3.7K contracts.extended further their weekly recovery on Friday. The move, however, was accompanied by declining open interest and volume and open the door to a potential near-term correction. In the meantime, the $72.00 region per barrel emerges as an initial resistance zone.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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