oil First resistance is Thursday's high crossing at 96.04. Second resistance is the 75% retracement level of the September-November crossing at 97.46.
First support is the 10 day moving average crossing at 93.92. Second support is the 20 day moving average crossing at 92.51 Crude oil is trading lower by -0.50% but remains in a strong uptrend and bull flag. $97-$98 looks like the next upward thrust target.