Open interest in crude oil futures markets dropped by more than 14K contracts after four consecutive daily builds on Wednesday, according to prelimina
ry readings from CME Group. On the other hand, volume increased for the second straight session, now by around 21.1K contracts.rose for the second session in a row and briefly tested multi-day highs around the $82.00 mark per barrel on Wednesday. The daily advance came in tandem with shrinking open interest and suggests that a near term top could have emerged at that level for the time being.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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