Crude Oil Futures Surge: Experts Predict More Upside Gains as Demand Skyrockets!
The concept of open interest refers to the total number of outstanding futures contracts, which have not yet been closed, exercised or expired. Open interest signifies the level of trading activity and liquidity within the market, often giving traders an insight into potential market direction and trends. A rising open interest could suggest that new […]
“Crude Oil Futures Plunge: More Losses Looming in the Pipeline – Investors Beware!”
iminary data from CME Group. This increase in open interest coincides with rising oil prices, as WTI surged beyond $75 per barrel and Brent nears $80 per barrel. In the options segment, total call open interest surpassed put open interest, indicating bullish sentiment in the market. The rising open interest in crude oil futures markets […]