Traders reversed six builds in a row on Thursday and trimmed their open interest positions by nearly 6.2K contracts according to preliminary data from CME Group for crude oil futures. Volume, instead, went up for the second session in a row, this time by nearly 882.5K contracts, the largest build since March 5th. WTI now targets the $28.00 mark Prices of the WTI rose sharply on Thursday on the back of positive rumours involving a potential Russia-Saudi Arabia deal. However, the strong rebound was in tandem with shrinking open interest, which should remove some tailwinds from the move up. 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 GBP/USD: Opportunity for the safe-haven dollar to shine FX Street 2 years Traders reversed six builds in a row on Thursday and trimmed their open interest positions by nearly 6.2K contracts according to preliminary data from CME Group for crude oil futures. Volume, instead, went up for the second session in a row, this time by nearly 882.5K contracts, the largest build since March 5th. WTI now targets the $28.00 mark Prices of the WTI rose sharply on Thursday on the back of positive rumours involving a potential Russia-Saudi Arabia deal. However, the strong rebound was in tandem with shrinking open interest, which should remove some tailwinds from the move up. 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.
