Crude settled higher ending a week with wild price swings mostly where things started, as traders paused ahead of a weekend meeting of the Group of 20 industrial and developing nations. Strikes in France over pension reform that passed the French senate late in the day remained supportive. The strike included walkouts in French refineries and a key oil port. Now support for the crude is seen at 3656 and below could see a test of 3643. Resistance is now likely to be seen at 3679, a move above could see prices testing 3689.

Trading Ideas:

Crude trading range is 3643-3689.

Crude settled higher as traders paused ahead of weekend meeting of the G20 nations

Crude looks to test support at 3644 and resistance is seen at 3692.

French strikes keep oil tankers waiting supported oil prices