Crude oil futures rose during the Asian session

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Crude oil futures were higher during the Asian session on Friday.

On the New York Mercantile Exchange, crude oil futures for October delivery were trading at US$88.03 a barrel. At the time of writing this report they are up 1.64%.

It reached an early session high for dollars a barrel. Crude is likely to find support at 86.00 and resistance at 97.66.

Dollar Index Futures, which reports the performance of the US dollar against a group of six other major currencies, fell 0.10% to trade at $109.57.

On the other hand, at ICE, El brentfor delivery in November rose 1.47% to trade at 93.72 dollars a barrel while the spread between the contracts for Brent and crude oil remains above 5.69 dollars a barrel.

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