Oil decreased 0.17 USD/BBL or 0.32% to 53.17
Buz Investors Oil decreased 0.17 The commodity is trading at $53.04 per barrel at 10:40 GMT this morning, 0.3% lower from the New York close. Crude oil witnessed a high of $53.28 per barrel and a low of $52.76 per barrel during the session. In the New York session on Friday, crude oil rose 1.1% to close at $53.20 per barrel. Meanwhile, Baker Hughes disclosed that active oil rig count in the US rose by 7 to 609 last week, reaching its highest level since October 2015. Immediate downside, the first support level is seen at $52.62 per barrel, while on the upside, the first resistance level is at $53.43 per barrel.
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Oil decreased 0.17
Baker Hughes disclosed that active oil rig count in the US rose by 7 to 609 last week
Crude Oil decreased 0.17 USD/BBL or 0.32% to 53.17 on Monday March 6 from 53.24 in the previous trading session. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.
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