Monday,April 23,2018

Crude Futures Fell During the Asian Session

Crude Futures Fell During the Asian Session

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.

Source By

Crude Futures Fell During the Asian Session