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Crude oil futures higher during the European session

Published 24/03/2014, 10:45
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Investing.com - Crude oil futures were higher during the European session on Monday.

On the New York Mercantile Exchange, Crude oil futures for May delivery traded at USD99.64 a barrel at time of writing rising 0.18%.

Earlier, it traded at a session high USD99.72 a barrel. Crude oil was likely to find support at USD98.10 and resistance at USD100.25.

US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.17% to trade at USD80.41.

Elsewhere on the ICE, Brent oil for May delivery fell 0.07% to trade at USD106.84 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD7.2 a barrel.

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