Crude Oil Futures Lower

Crude Oil futures are trading lower by $0.80 at $44.58 in Friday's session. For the third day in a row, it has found resistance near the $46 level, peaking at $45.75 in premarket trading. So far, the decline has reached $44.20 and the contract has mounted a rebound. The current low coincides with its September 24 low ($44.26).