Crude Oil Movement
Oil prices declined 0.84% against the USD for the 24 hour period ending 23:00GMT, closing at 92.56.
In the Asian session, at GMT0400, Crude Oil is trading at 92.30, 0.28% lower from yesterday’s close.
Crude oil is expected to find support at 91.27, and a fall through could take it to the next support level of 90.23. Crude oil is expected to find its first resistance at 93.43, and a rise through could take it to the next resistance level of 94.55.
Crude Oil is trading just below its 20 Hr and 50 Hr moving averages.
