Market Overview

Crude Futures Move Higher

Share:
Related USO
Oil Prices Boosted Amid Report That Iran Is Open To Cap Its Output
Crude Oil Futures: Streaky And Freaky
The Oil Of 'Dollars', Japanese 'Dollars' (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!