Crude Oil Futures Higher

February Crude Oil futures are trading higher by $0.45 at $36.72 in Friday's session. Earlier in the session, it breached the former low of the move ($35.76), by $0.04 reaching $35.72 before turning higher. The ensuing rally has taken the contract well into the $36 handle, so far reaching $36.820. If the rally continues, there may some resistance at Thursday's high ($37.08).