FX:Crude oil futures higher in European trading hours
Forexpros - Crude oil futures were higher in European trading hours on Friday.
On the New York Mercantile Exchange, Crude oil futures for June delivery traded at USD103.72 a barrel at time of writing rising 0.97%.
It earlier traded at a session high USD103.80 a barrel. Crude oil was likely to find support at USD102.14 and resistance at USD105.49.
US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.33% to trade at USD79.43.
Elsewhere on the ICE, Brent oil for June delivery rose 1.03% to trade at USD119.22 a barrel, with the spread between the Brent oil and Crude oil contracts standing at USD15.5 a barrel.
