Advanced data for crude oil futures markets from CME Group noted open interest shrunk by nearly 1.5K contracts at the end of last week. In the same line, volume reversed two builds in a row and decreased by around 353.5k contracts, the highest single-day drop since March 23rd. WTI faces strong barrier at $30.00/bbl Friday’s recovery in prices of the barrel of WTI were amidst declining open interest and volume, suggesting the presence of short covering behind the recent upside. That said, and with the $30.00 mark per barrel capping the upside, the door remains open for the resumption of the downtrend in the very near term at least. 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 Oil: Scope for higher oil prices in the near-term – Rabobank FX Street 2 years Advanced data for crude oil futures markets from CME Group noted open interest shrunk by nearly 1.5K contracts at the end of last week. In the same line, volume reversed two builds in a row and decreased by around 353.5k contracts, the highest single-day drop since March 23rd. WTI faces strong barrier at $30.00/bbl Friday’s recovery in prices of the barrel of WTI were amidst declining open interest and volume, suggesting the presence of short covering behind the recent upside. That said, and with the $30.00 mark per barrel capping the upside, the door remains open for the resumption of… 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.
