Business

Rise in Crude Oil Futures during the Asian Session

Crude Oil Futures witnessed an upward trend during the Asian session on Friday.

As of the time of writing, Crude Oil Futures, trading on the New York Mercantile Exchange, saw a 0.62% increase for the month of March, reaching $74.28 per barrel.

The session marked a peak trading level at USD per barrel. Crude Oil found support at the $73.70 level and encountered resistance at the $79.29 level.

Examining the performance of the Dollar Index Futures against six other major currencies, it showed a slight decline of 0.01%, trading at $102.86.

The spread between Brent Crude Oil and Crude Oil remained steady at $4.96 per barrel. Meanwhile, on the Intercontinental Exchange (ICE), Brent Crude Oil for April recorded a 0.69% increase, trading at $79.24 per barrel.

source: tr.investing.com/ prepared by Melisa Beğiç

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button