Crude Oil Futures Soar During US Session By

Crude Oil Futures Soar During US Session By

© Reuters Crude futures edge higher during the US session – rallied during the US session on Tuesday.

On the New York Mercantile Exchange, they trade at US$81.06 a barrel for January, up 1.27% at the time of writing.

Previously trading at an all-time high USD per barrel, it was expected to find support at $75.30 and resistance at $85.45.

Dollar Index Futures, which tracks the performance of the US dollar against a basket of six other major currencies, fell 0.58% to trade at $107.11.

Elsewhere on ICE, for January delivery, it climbed 1.11% to trade at $88.42 a barrel, while the contract spread between and stood at $7.36 a barrel.

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