Ammon News - Oil futures in the U.S. global market rose during the Asian session amid a rebound of the U.S. dollar index for the second session from its highest since October 21.
According to the Wall Street Journal, NYMEX crude futures for August delivery rose 0.20 per cent to trade at $96.08 a barrel compared to the $95.89 opening. The contracts started the session's trading on an upward price gap after it concluded yesterday’s trading at $95.84.
Brent crude futures for September delivery rose 0.50 per cent to trade at $99.81 a barrel, compared to the opening at $99.31 a barrel. The contracts started trading on an upward price gap after concluding yesterday’s trading at $99.49.