CME Group’s flash data for crude oil futures markets noted traders added around 14.5K contracts to their open interest positions on Friday. Volume fol
WTI: Immediate up barrier now emerges at $90.00seems to have met a solid initial resistance around the $85.00 mark per barrel. Friday’s gains in the commodity came in response to rising open interest and volume and leave the door open to the continuation of the current uptrend. Against that, the immediate target emerges at the round level of $90.00 per barrel.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Futures: Further consolidation looks likelyOpen interest in gold futures markets shrank for the second session in a row on Friday, now by nearly 2K contracts according to preliminary readings f
Read more »
WTI holds above the $85.10 mark ahead of the Chinese Services PMIWestern Texas Intermediate (WTI), the US crude oil benchmark, is trading around the $85.20 mark so far on Monday. The falling crude oil inventories an
Read more »
Dow futures slip ahead of public holiday By Investing.comDow futures slip ahead of public holiday
Read more »
European stock futures edge higher; Lagarde speech in focus By Investing.comEuropean stock futures edge higher; Lagarde speech in focus
Read more »
Delegation of Australian ministers to visit China in further sign of improving tiesA delegation of Australian federal ministers will attend a high-level dialogue in Beijing next in a further sign of a warming of relations after a years-long chill
Read more »