Traders scaled back their open interest positions by around 11.4K contracts on Tuesday, according to flash prints for crude oil futures markets from CME Group. Volume, instead, rose by around 69.5K contracts, partially reversing the previous sharp drop. WTI does not rule out a drop below $20.00/bbl Prices of the WTI remain under heavy downside pressure despite the recent OPEC+ deal. Tuesday’s pullback in prices was amidst shrinking open interest, which could limit the decline in the short-term horizon, although a move below the $20.00 mark per barrel should not be ruled out. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD retreats further from multi-week tops, slides below mid-0.6300s FX Street 2 years Traders scaled back their open interest positions by around 11.4K contracts on Tuesday, according to flash prints for crude oil futures markets from CME Group. Volume, instead, rose by around 69.5K contracts, partially reversing the previous sharp drop. WTI does not rule out a drop below $20.00/bbl Prices of the WTI remain under heavy downside pressure despite the recent OPEC+ deal. Tuesday’s pullback in prices was amidst shrinking open interest, which could limit the decline in the short-term horizon, although a move below the $20.00 mark per barrel should not be ruled out. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
