Introduction In the fast-paced world of financial markets, the crude oil futures market has recently witnessed intriguing movements. According to preliminary readings from CME Group, the open interest in crude oil futures contracts declined for the second consecutive session, showing a reduction of approximately 2.5K contracts. However, contrasting this decline,.

Introduction The natural gas market witnessed a significant decline in prices on Thursday, accompanied by an unusual rise in open interest. This development has raised concerns among investors and traders, as it indicates the potential for further declines in the near future. In this article, we examine the factors contributing.

In the New York session, the silver price (XAG/USD) has been experiencing volatility, hovering uncertainly above the crucial support level of $24.00. The white metal’s direction remains elusive as investors eagerly await strong cues about the Federal Reserve’s (Fed) monetary policy decision, set to be revealed in September. The central.

On Thursday, the Gold market experienced a sharp pullback, raising concerns among investors and traders about the precious metal’s performance. The sudden decline sparked speculation on whether this was the end of Gold’s upward trajectory or just a temporary setback. Economists at Credit Suisse, however, are unfazed by the recent.

Introduction WTI crude oil prices have surged once again, registering an impressive 4.6% increase for the week. This marks the fifth consecutive weekly gain, a streak not seen since the week ending June 10, 2022. Market analysts are now closely observing the potential risks and opportunities ahead as long positions.

In the early morning hours of Friday, the silver price (XAG/USD) demonstrated its resilience by recording mild gains around $24.20. The precious metal managed to consolidate its heavy losses from the previous day, bouncing back from the lowest level observed in a fortnight. As market participants keenly observe these developments,.

Crude Oil Market Update In the Asian session, Western Texas Intermediate (WTI) crude oil prices have surged to around $79.40, marking a significant upward movement in the energy market. This increase in WTI prices comes on the back of positive US economic data and indications of supply constraints. Investors and.

Introduction In the mid-Asian session on Friday, natural gas prices witnessed a positive upswing, with XNG/USD holding on to mild gains around $2.63. The recent price movement indicates a welcome change, as the commodity has managed to recover from a weekly low and post the first daily gains in three.

Introduction Gold, the ever-captivating precious metal, witnessed a significant pullback on Thursday. This unexpected development took the market by surprise, but it was accompanied by a decline in open interest. As a result, experts believe this decline could potentially pave the way for a near-term rebound in gold prices. Amidst.

Introduction In the ever-evolving world of financial markets, crude oil futures have been experiencing notable fluctuations. Notably, preliminary readings from CME Group reveal a decline in open interest for the second consecutive session, with a decrease of around 2.5K contracts. Simultaneously, market participants witnessed a substantial surge in trading activity,.

Introduction In the dynamic world of crude oil futures, the CME Group has been witnessing intriguing developments. In Wednesday’s trading session, open interest in the market extended its upward trend, surging by nearly 3,000 contracts. However, in contrast, trading volume took a step back for the second consecutive session, registering.

Introduction Amidst four consecutive sessions of gains, the West Texas Intermediate (WTI) crude oil prices experienced a setback on Wednesday. The decline was influenced by a notable surge in open interest and a considerable drop in trading volume. Market analysts now anticipate potential consolidation around the existing price levels. As.