Crude Oil trades at $81 per barrel, after ending yesterday at $81.22.
United States Non Farm Payrolls is next.
West Texas crude's state is reflected by market data as United States ISM Manufacturing PMI (Nov) came out at 49, while a consensus of analysts was expecting 49.8. United States Core PCE Price Index (MoM) (Oct) released yesterday at 13:30 UTC with a figure of 0.2, while the previous figure was 0.5. United States Initial Jobless Claims came out at 225,000, better than analyst estimates of 235,000 and improving upon the previous reading of 241,000.
Meanwhile, mixed performances are seen in other Energy as Brent Crude Oil rises 1.62% to trade around $86.8. Heating Oil trades around $3.28, with no major change. Natural Gas is down to $6.61, losing 12.6 cents, after closing at $6.74 in the preceding trading session.
Furthermore, the market is looking at United States Non Farm Payrolls expected to decline to 200,000 while its preceding data was 261,000, data will be available today at 13:30 UTC. United States Unemployment Rate figure is projected at 3.7. It previously stood at 3.7; data will be released today at 13:30 UTC.
US crude oil traded as high as $124.77 before shedding 28.12% lower over the past six months.