Buz Investors Crude Oil decreased 0.11 The commodity is trading at $48.44 per barrel at 09:40 GMT this morning, 0.1% higher from the New York close. Crude oil witnessed a high of $48.52 per barrel and a low of $47.95 per barrel during the session. In the New York session on Friday, crude oil fell 2.54% to close at $48.39 per barrel, after Baker Hughes disclosed that active oil rigs in the US advanced by 8 to 617 last week, reaching its highest level since September 2015. Immediate downside, the first support level is seen at $47.56 per barrel, while on the upside, the first resistance level is at $49.72 per barrel.
Crude Oil decreased 0.11 USD/BBL or 0.23% to 48.39 on Monday March 13 from 48.49 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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