January Crude Oil futures are trading higher by $0.80 at $37.11 in Tuesday's session. On Monday, it recovered from a multi-year low ($34.52) to end the session higher by $0.69 at $36.31.
Today's rally has taken the contract into the $37 handle, but found intra-day sellers ahead of its December 10 high ($37.54), only reaching $37.38 and falling back to the $37 area.
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