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 USD58.24 a barrel at time of writing falling 1.50%.
Earlier, it traded at a session low USD57.88 a barrel. Crude oil was likely to find support at USD56.83 and resistance at USD61.43.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 1.13% to trade at USD95.30.
Elsewhere on the ICE, Brent oil for July delivery fell 0.84% to trade at USD62.78 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD4.54 a barrel.
On the New York Mercantile Exchange, Crude oil futures for July delivery traded at USD58.24 a barrel at time of writing falling 1.50%.
Earlier, it traded at a session low USD57.88 a barrel. Crude oil was likely to find support at USD56.83 and resistance at USD61.43.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 1.13% to trade at USD95.30.
Elsewhere on the ICE, Brent oil for July delivery fell 0.84% to trade at USD62.78 a barrel, with the spread between the Brent oil and Crude oil contracts stood at USD4.54 a barrel.