Crude Oil Futures: Further weakness in store

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Crude Oil Futures: Further weakness in store Oil Commodities Energy OpenInterest Futures

to preliminary readings from CME Group. In the same line, volume maintained the choppiness well in place and rose by nearly 260K contracts, offsetting the previous daily drop.dropped markedly on Tuesday amidst increasing open interest and volume, suggesting that extra decline appears on the cards in the very near term. That said, a probable retracement to the area of 2023 lows near $72.00 remains on the table for the time being.

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