{"id":292787,"date":"2025-06-14T13:08:30","date_gmt":"2025-06-14T13:08:30","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/crude-oil-oil-trading-higher-ahead-of-baker-hughes-weekly-rig-count-data\/"},"modified":"2025-06-14T13:08:30","modified_gmt":"2025-06-14T13:08:30","slug":"crude-oil-oil-trading-higher-ahead-of-baker-hughes-weekly-rig-count-data","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=292787","title":{"rendered":"Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data"},"content":{"rendered":"


\n<\/p>\n

\n
\n
\"Crude <\/a><\/p>\n

Crude Oil Movement<\/p>\n<\/div>\n

For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.82 per barrel, following major oil producers\u2019 commitments to hold back output. <\/p>\n

In the Asian session, at GMT0300, the pair is trading at 42.91, with oil trading 0.21% higher against the USD from yesterday\u2019s close. <\/p>\n

The pair is expected to find support at 42.05, and a fall through could take it to the next support level of 41.19. The pair is expected to find its first resistance at 43.35, and a rise through could take it to the next resistance level of 43.79.<\/p>\n

Crude oil is trading above its 20 Hr and 50 Hr moving averages.<\/p>\n<\/p><\/div>\n

<\/p>\n

\n\t\t\t\t\t\tThis entry was posted in Crude Oil<\/a>. Bookmark the permalink<\/a>.\t\t\t\t\t\t\t\t\t\t\t<\/div>\n

\n\t\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.82 per barrel, following major oil producers\u2019 commitments to hold back output. In the Asian session, at GMT0300, the pair is trading at 42.91, with oil trading 0.21% higher against the USD from yesterday\u2019s close. […]<\/p>\n","protected":false},"author":1,"featured_media":292788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[113006],"tags":[11255,3121,2512,58596,11603,11029,7372,1640,15038,11086,6039],"dealstore":[],"offerexpiration":[],"class_list":["post-292787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crude-oil","tag-ahead","tag-baker","tag-count","tag-crude","tag-data","tag-higher","tag-hughes","tag-oil","tag-rig","tag-trading","tag-weekly"],"yoast_head":"\nCrude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=292787\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.82 per barrel, following major oil producers\u2019 commitments to hold back output. 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