CME Group’s flash statistics for crude oil futures markets stated merchants extended their open pastime positions for the 2d straight session on Thursday, this time via simply 924 contracts. Volume, instead, reversed two each day builds in a row and shrank via round 191.2K contracts.
WTI retargets the November excessive at $93.73
Crude oil costs charted humble beneficial properties on Thursday amidst a small uptick in open interest, which is supportive of the continuation of the rebound in the very close to term. Moving forward, the WTI now objectives the so some distance November top at $93.73 (November 7).