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Crude oil futures higher in Asian trading hours

CommoditiesDec 28, 2012 03:00AM GMT Add a Comment

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Investing.com - Crude oil futures were higher in Asian trading hours on Friday.

On the New York Mercantile Exchange, Crude oil futures for February delivery traded at USD91.27 a barrel at time of writing rising 0.44%.

It earlier traded at a session high USD91.50 a barrel. Crude oil was likely to find support at USD88.21 and resistance at USD91.50.

US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.05% to trade at USD79.76.

Elsewhere on the ICE, Brent oil for February delivery fell 0.00% to trade at USD111.00 a barrel, with the spread between the Brent oil and Crude oil contracts standing at USD19.73 a barrel.
Crude oil futures higher in Asian trading hours

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