Crude Oil Movement
Crude Oil prices advanced 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 95.15.
In the Asian session, at GMT0300, Crude Oil is trading at 95.00, 0.16% lower from yesterday’s close.
Crude oil is expected to find support at 93.63, and a fall through could take it to the next support level of 92.26. Crude oil is expected to find its first resistance at 95.97, and a rise through could take it to the next resistance level of 96.94.
Crude oil is trading above its 20 Hr and 50 Hr moving averages.
