MTECHTIPS;-Crude oil futures lower during the European session
MTECHTIPS;-Crude oil futures lower during the European session
Crude oil futures were lower during the European session on Monday.On the New York Mercantile Exchange, Crude oil futures for May delivery traded at USD96.70 a barrel at time of writing falling 0.54%.
It earlier traded at a session low USD96.66 a barrel. Crude oil was likely to find support at USD94.67 and resistance at USD97.67.US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.07% to trade at USD83.10.Elsewhere on the ICE, Brent oil for May delivery fell 0.35% to trade at USD109.63 a barrel, with the spread between the Brent oil and Crude oil contracts standing at USD12.93 a barrel.
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