Crude Oil Breaches $30, Attempts To Rebound

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March Crude Oil futures are trading lower by $0.60 at $30.29 per barrel in Monday's session. Earlier in the session, it reached $29.57 and has rebounded back into the $30 handle. The current low coincides with a pair of lows from February 2 ($29.57) and February 3 ($29.40). In order to avoid a three-day losing streak, it must close above $30.89.
Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsTrading Ideas
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