Crude Oil Futures: There's still opportunity for more increases

According to early CME Group data, open interest in crude oil futures markets increased for the second consecutive session on Tuesday, this time by roughly 2.1K contracts. Following two consecutive daily pullbacks, volume increased by approximately 106K contracts.

WTI (West Texas Intermediate): The chase for the 2023 high

WTI prices continued for another session on Tuesday, with increased open interest and volume. In contrast, the rally looks to have more legs to go, with the immediate goal at the year-to-date high of $83.49 (April 12).