On the New York Mercantile Exchange, Crude futures for June delivery traded at 48.95 US dollars a barrel. At the time of writing this report are falling by 0.24%.
Early reached a session minimum of dollars a barrel. Crude was likely to find support at 47.75 and resistance at 49.66. The Futures Index dollar, which reports the behavior of the US dollar against a group of other six major currencies, fell 0.05% to quote at 97.39 dollars.
On the other hand, in the ICE, Brent for delivery in July rose 0.23% to quote 52 ,09 dollars a barrel while the differential between contracts for The Brent and Crude remain above 3.14 dollars a barrel.