Afshin Sazegar | Crude oil futures rise during the European session


Afshin Sazegar | Crude oil futures rise during the European session

Afshin Sazegar | On the New York Mercantile Exchange, crude oil futures for the January delivery, traded at $ 59.70 a barrel as the article was written, rose 0.88%.


Previously trading at a session high dollar per barrel, crude oil found support at $ 58.11 and resistance at $ 60.00.


The US Dollar Index Futures, which compares the value of the US dollar against a basket of six major currencies, rose 0.56% to trade at $ 96.835.


Furthermore, at the IntercontinentalExchange, Brent oil rose 1.17% in February delivery to trade at $ 64.95 a barrel, while the spread between Brent oil and crude oil contracts stood at $ 5.25 a barrel.


Afshin Sazegar

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