Crude Oil Futures Higher In Choppy Session

March Crude Oil futures are trading higher by $1.70 at $31.58 in Wednesday's session. In pre-market trading, the contract found support ahead of its January 26 low ($29.25), only reaching $29.40 before turning higher. Its mid-morning decline found support just under the close ($29.88) at $29.74 and has exploded above $31, so far reaching $31.49. It is now approaching Tuesday's high of $31.62.