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Crude Oil Futures Surge in Asian Session as Dollar Strengthens: Trading at USD79.31 per Barrel

© Reuters. Crude Oil Futures Higher during the Asian session Investing.com – Higher during the Asian session on Friday.

According to the New York Mercantile Exchange, October was trading at USD79.31 per barrel at time of writing, up by 0.33%.

It was previously trading at a session high of USD79.49 per barrel. It may find support at USD77.59 and resistance at USD82.47.

The dollar index futures, which measures the performance of the greenback against a basket of six other major currencies, rose 0.21% to trade at USD104.14.

Meanwhile on Nymex, the October price rose by 0.30% to trade at USD83.61 per barrel, while the spread between contracts stood at USD4.3 per barrel.

2023-08-25 03:00:00
#Crude #Oil #Futures #Higher #Asian #Session #Investing.com

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