On Wednesday, open interest in crude oil futures markets increased for the second consecutive session by approximately 5.5K contracts, according to advanced prints from CME Group. However, despite this, volume remained volatile and decreased by over 144K contracts.
The price of WTI crude oil continued to decrease throughout the week, supported by the rise in open interest and sustained selling pressure. As a result, the next support level is expected to be around $73.80, which was the weekly low on February 22 and 23.
NFL Markets provides a comprehensive trading experience that allows you to trade Forex pairs, commodities, cryptocurrency, and shares all in one place. With our state-of-the-art trading platform, you can access real-time market data, advanced trading tools, and a range of educational resources to enhance your trading skills. Whether you're an experienced trader or just starting, NFL Markets offers competitive spreads, low trading fees, and a range of account types to suit your individual needs. Join NFL Markets today and take your trading to the next level."
Buy & trade from NFLMARKETS
For Registration & Consultancy
☎️ +971 4 880 5665
303 Al Serkal Building Dubai UAE
Useful Links
Gold Trading in Dubai Best Trading Platform
Platinum Trading Dubai Best Forex Trading Company in Dubai
Silver Trading Dubai Forex Trading Company
Buy Cryptocurrency online Oil Traders online
Buy Bitcoin online Buy Ethereum online
Aleksandra Kwiecien
Content manager
Marketing and content manager. Passionate about new technologies that make our everyday life easier, and people who create them.