Crude Oil Futures Lower During US Session By Investing.com

Investing.com – They fell during the Monday session in the US.

On the New York Mercantile Exchange, they are trading at $103.39 a barrel for the month of May, which is down 9.23% at the time of writing.

Previously trading at the lowest price of $1 per barrel, it was expected to find support at $103.25 and resistance at $116.64.

The Dollar Futures Index, which measures the performance of the US dollar in a basket of six other major currencies, rose 0.31% to trade at $99.13.

Elsewhere on ICE, for June delivery, it was down 9.21% to trade at $106.56 a barrel, while the contract spread at $3.17 a barrel.

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Halbert Gray
Halbert Gray writes for Hardwood Paroxysm, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear reporting, current affairs, and stories that matter to readers, providing reliable information in an accessible and engaging way.