Crude oil returns to decline with the last sessions this week

Crude oil prices fell during trades on Friday, after succeeded to rise during the past two days, but it reduced the gains made yesterday to start declining today before the government jobs report from the United States of America.

Futures US crude oil price is currently trading at $ 44.12 a barrel, after it recorded the lowest level today $ 44.05 a barrel, while today's session opened at $ 44.48 a barrel comes after crude oil prices rose yesterday to a record the highest level at $ 46.04 a barrel.

Decline in crude oil levels today comes after the big rally seen yesterday as a result of a fire in the forests of Canada, which raised fears about the possibility of oil supply cutout to a positive impact the movements of crude oil yesterday.

On the other hand, we find that the US dollar rose against major currencies which work on the negative impact on crude oil movements in light of the inverse relationship between the two since the fact that crude oil commodity priced in dollars.

The dollar index, which tracks the performance of the dollar against a basket of major currencies traded weakly during the Asian session on Friday, as it recorded the lowest level at 93.71 and the highest level at 93.83, while today's session was opened at the level of 93.77 to currently trade at 93.74 level.