Crude Oil futures fell during the US session
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.
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