session. In the same line, volume dropped by just 571 contracts after three straight daily builds. WTI could still revisit the $80.00 mark Prices of WTI attempted a mild bounce at the end of last week following a drop to multi-week lows near $81.00.
The downtick was on the back shrinking open interest, which leaves the door open to the continuation of the downward bias in the very near term. Against that, the next support of note emerges at the key $80.00 mark per barrel for the for the time being.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli InvasionWTI crude oil ran higher today along with the US Dollar as markets contemplate the consequences of the hostilities toward Israel over the weekend. Will it drive WTI higher?
Source: DailyFX - 🏆 305. / 63 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »