Nymex Futures Drop: Bearish Momentum Builds

Nymex Futures Plunge: What's Behind the Sudden Drop? Traders witnessed a significant downturn on September 4th as futures prices plummeted across the board, with losses around $28-$29 per contract. High trading volumes and increased open interest suggest a market in flux, with analysts pointing to oversupply and shifting demand. Is this a buying opportunity or a sign of further declines? Find out how this bearish momentum could impact your trading strategy. Hosted on Acast. See acast.com/privacy for more information.