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Crude oil futures lower in U.S. trading hours

Published 18/05/2015, 20:25
© Reuters.  Crude oil futures lower in U.S. trading hours
Investing.com - Crude oil futures were lower in U.S. trading hours on Monday.

On the New York Mercantile Exchange, Crude oil futures for July delivery traded at USD60.48 a barrel at time of writing falling 0.09%.

Earlier, it traded at a session low USD59.86 a barrel. Crude oil was likely to find support at USD59.32 and resistance at USD62.75.

US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 1.02% to trade at USD94.24.

Elsewhere on the ICE, Brent oil for July delivery fell 0.64% to trade at USD66.39 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD5.91 a barrel.

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