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Friday, September 14, 2012

Futures for crude oil rose during the European session


Forexpros - futures for crude oil rose during the European session on Friday.
According to the New York Mercantile Exchange, contracts were trading crude oil futures in October at USD99.61 a barrel time of writing, up 1.32%.
I have already been trading on a session high USD100.42 a barrel. Crude oil may find support at USD95.41 points and resistance at USD100.42.
U.S. Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.43% to trade him to USD79.05.
At the same time on the NYMEX, the price of Brent oil for November by 1.14% to be traded at USD117.20 a barrel, while the points difference (spread) between Brent oil and crude oil stood at USD17.59 a barrel.

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