Market Overview

Crude Futures Move Higher

Share:
Related USO
Transocean May Be More Exposed Than Peers To Deteriorating Offshore Drilling Market
IHS Markit's Dan Yergin: OPEC Only Reached An 'Agreement To Agree'
OPEC Agrees To Cut At Last (Seeking Alpha)

After making a double bottom last week at the $96 level, Crude futures are trading higher for the fourth consecutive day. The contract, which cleared Friday's high (98.06), may not find major resistance in the 98 or 99 handle. Also, Crude has not traded above $100 level since October 22, when it reached $100.30.

Posted-In: Futures Technicals Commodities Intraday Update Markets Trading Ideas

 

Related Articles (USO)

View Comments and Join the Discussion!