Crude Oil Movement
Oil prices declined 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 97.08.
At GMT 0300, Oil is trading at USD 97.03 per barrel in the Asian session, marginally lower from 23:00GMT.
The pair has its first resistance at 97.76, followed by the next resistance at 98.49. On the other side, the first support is at 96.55, with the subsequent support at 96.07.
The pair is trading just below its 20 Hr and its 50 Hr moving averages.
