Buz Investors Crude Oil increased 0.31 The commodity is trading at $53.31 per barrel at 10:40 GMT this morning, 0.24% higher from the New York close. Crude oil witnessed a high of $53.41 per barrel and a low of $53.02 per barrel during the session. In the New York session yesterday, crude oil rose 0.19% to close at $53.18 per barrel. However, gains in crude prices were trimmed, after the International Energy Agency (IEA) predicted that US shale output will likely grow at about 1.4 million barrels per day by 2022. Immediate downside, the first support level is seen at $52.95 per barrel, while on the upside, the first resistance level is at $53.62 per barrel.
Crude Oil increased 0.31 USD/BBL or 0.58% to 53.50 on Tuesday March 7 from 53.15 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
Crude oil is the world’s most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides – Crude oil – actual values, historical data, forecast, chart, statistics, economic calendar and news. Crude oil – actual data, historical chart and calendar of releases – was last updated on March of 2017.
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