Crude Futures Lower

Crude Oil futures are trading lower by $1 at $45.29 in Wednesday's session. After a lower open, it found resistance ahead of Tuesday's close ($46.29), only reaching $46.08 before continuing lower. It has found intraday support at $44.86 and rebounded into the $45 handle. The contract has not traded below since October 2, when it bottomed at $44.52.