© Reuters. Oil futures are strengthening during U.S. trade
Investing.com – up during US trading on Wednesday.
On the Newmax Stock Exchange, for delivery in November traded at $ 39.87 a barrel at the time of writing, up 1.48%.
Earlier in the day, the contracts traded at a daily high of $ 40.37 a barrel. It is expected to find support at the level of $ 38.41 and resistance at the level of $ 40.80.
Futures on the U.S. Dollar Index, which tracks US currency performance against a basket of six other leading currencies, rose 0.03% to $ 93,953.
Also at ICE, for December delivery rose 1.11% to $ 42.02 a barrel while the spread between the Brent contract price and Light Sweet Crude is $ 2.15 a barrel.
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