Crude Oil Futures: Room for the continuation of the decline

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Crude Oil Futures: Room for the continuation of the decline Oil Commodities Energy OpenInterest Futures

WTI: En route to the 2023 low?extended the weekly leg lower on Thursday. The downtick was in tandem with rising open interest and volume and suggests that extra weakness lie ahead for the commodity. The breakdown of the February low at $73.83 should open the door to a test of the 2023 low at $72.30 .Information on these pages contains forward-looking statements that involve risks and uncertainties.

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