Crude Oil Movement
Oil prices advanced 0.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 94.48.
In the Asian session, at GMT0400, Crude Oil is trading at 94.67, 0.20% higher from Friday’s close.
Crude oil is expected to find support at 93.37, and a fall through could take it to the next support level of 92.08. Crude oil is expected to find its first resistance at 95.46, and a rise through could take it to the next resistance level of 96.26.
Crude Oil is trading above its 20 Hr and 50 Hr moving averages.
