For the 24 hours to 23:00 GMT, Crude Oil rose 0.47% against the USD and closed at USD65.78 per barrel.
In the Asian session, at GMT0300, the pair is trading at 66.41, with oil trading 0.96% higher against the USD from yesterday’s close, amid uncertainty over potential rise in OPEC output.
The pair is expected to find support at 64.98, and a fall through could take it to the next support level of 63.56. The pair is expected to find its first resistance at 67.19 and a rise through could take it to the next resistance level of 67.98.
Crude oil is trading above its 20 Hr and 50 Hr moving averages.