Investing.com - Crude oil futures were higher in European trading hours on Friday.
On the New York Mercantile Exchange, Crude oil futures for June delivery traded at USD59.47 a barrel at time of writing rising 0.89%.
Earlier, it traded at a session high USD59.59 a barrel. Crude oil was likely to find support at USD58.34 and resistance at USD62.58.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.12% to trade at USD94.84.
Elsewhere on the ICE, Brent oil for June delivery rose 0.40% to trade at USD65.81 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD6.34 a barrel.
On the New York Mercantile Exchange, Crude oil futures for June delivery traded at USD59.47 a barrel at time of writing rising 0.89%.
Earlier, it traded at a session high USD59.59 a barrel. Crude oil was likely to find support at USD58.34 and resistance at USD62.58.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.12% to trade at USD94.84.
Elsewhere on the ICE, Brent oil for June delivery rose 0.40% to trade at USD65.81 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD6.34 a barrel.