In light of the CME Group’s advanced data for the crude oil futures markets, traders added about 7.1k contracts to their open interest rate positions while reversing three consecutive daily pullbacks. Volume followed suit, rising by more than 242,000 contracts after two consecutive daily declines.

WTI is now targeting the 2022 low near $74.00

prices of STI fell sharply and broke the key level of $80.00 a barrel on Wednesday. The strong pullback was reinforced by…

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