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Investing.com |
Commodities News | Nov 23, 2012 03:00AM GMT |
Investing.com - Crude oil futures were lower in Asian trading hours on Friday.
On the New York Mercantile Exchange, Crude oil futures for January delivery traded at USD87.03 a barrel at time of writing falling 0.41%.
It earlier traded at a session low USD86.75 a barrel. Crude oil was likely to find support at USD86.18 and resistance at USD89.79.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.17% to trade at USD80.70.
Elsewhere on the ICE, Brent oil for January delivery fell 0.12% to trade at USD110.28 a barrel, with the spread between the Brent oil and Crude oil contracts standing at USD23.25 a barrel.
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