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On the New York Mercantile Exchange, it traded at USD 77.03 per barrel in February, up 1.25% at the time of writing.
Previously traded at a higher dollar per barrel, it was expected to see support at $ 74.27 and resistance at $ 77.64.
The futures dollar index, which monitors the performance of the US dollar against other major currencies, rose 0.05% to trade at $ 96,260.
Elsewhere in ICE, for March delivery, it rose 1.33% to $ 80.03 a barrel, while the contract spread was $ 3.00 a barrel.
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