After coming under pressure earlier in the session, the price of crude oil has regained some ground over the course of the trading day on Thursday.

Crude for May delivery is currently down $0.35 at $39.44 a barrel after hitting a low of $38.33 a barrel. The price of crude tumbled $1.66 to $39.79 a barrel in the previous session.

The material has been provided by InstaForex Company – www.instaforex.com