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Crude Oil Futures Higher During Asian Session

Adel 19 August, 2020 12:40 pm Commodities, Market Update

According to the New York Mercantile Exchange, crude oil futures for September were traded at $42.70 a barrel, up 0.44%.

It was previously traded higher at $42.76 a barrel. Crude oil may find support at $41.62 and resistance at $42.99.

The dollar index, which measures the performance of the greenback against a basket of six other major currencies, rose 0. to trade at $92.263.

Meanwhile, on the NYMEX, Brent oil price for October rose 0.64% to trade at $45.17 per barrel, while the spread difference between Brent and Crude Oil contracts stands at $2.47 a barrel.

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