Crude Oil Turns Higher

Crude Oil futures are trading higher by $0.25 at $37.90 in Tuesday's session. Earlier in the session, the contract made a new low for the move by nearly $1 falling all the way to $36.64. It is now attempting to make a new high for the day, which currently stands at $38.09. If the rally continues, there may be only minor resistance points in the remainder of the $38 handle.