Open interest in crude oil futures markets rose nearly 15,000 contracts after two straight daily declines on Thursday, according to preliminary readings from CME Group. Along the same line, volume continued the upward trend, rising by around 340.5k contracts, offsetting the previous daily decline.

WTI is nearing the $80.00 key level

Prices for the barrel STI extended the leg down Thursday and revisited the $82.00 region contributing to Wednesday’s pullback. The move was…

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