Investing.com - Crude oil futures were higher in European trading hours on Friday.
On the New York Mercantile Exchange, Crude oil futures for January delivery traded at USD59.42 a barrel at time of writing rising 0.88%.
Earlier, it traded at a session high USD59.55 a barrel. Crude oil was likely to find support at USD58.84 and resistance at USD65.55.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.30% to trade at USD88.32.
Elsewhere on the ICE, Brent oil for January delivery rose 0.60% to trade at USD63.30 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD3.88 a barrel.
On the New York Mercantile Exchange, Crude oil futures for January delivery traded at USD59.42 a barrel at time of writing rising 0.88%.
Earlier, it traded at a session high USD59.55 a barrel. Crude oil was likely to find support at USD58.84 and resistance at USD65.55.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.30% to trade at USD88.32.
Elsewhere on the ICE, Brent oil for January delivery rose 0.60% to trade at USD63.30 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD3.88 a barrel.