Crude Oil futures fell during the US session

Ordo News EditorMarch 18, 2020

197 1 minute read

US, WASHINGTON (ORDO NEWS) — Crude Oil futures fell during the US session on Wednesday.

On the New York Mercantile Exchange, Crude Oil futures for May delivery were trading at $ 22.66 a barrel at the time of writing, down 17.09%.

Earlier, the barrel traded during a bearish session in dollars. Crude oil was likely to find support at $ 20.54 and resistance at $ 33.87.

The Futures US Dollar Index, which tracks the performance of the greenback against six other major currencies, rose 1.62% to trade at 101.420 dollars.

Elsewhere on the ICE, Brent Oil For May delivery fell 9.33% to trade at 26.05 dollars a barrel while the spread between the value of contracts for Brent oil and Crude oil stands at 3.39 dollars per barrel.

—

Online:

Our Standards, Terms of Use: Standard Terms And Conditions.

The article is written and prepared by our foreign editors from different countries around the world – material edited and published by Ordo News staff in our US newsroom press.