Down $0.07 or -0.19%
Tthe worth of crude oil futures are settling the day at $37.26. That’s down $0.07 or -0.19%. The excessive for the day reached $37.68 whereas the low prolonged to $36.82.
Technically, the worth stays under its 100 day transferring common at $37.94 at this time (the excessive worth reached $37.68). That’s the 2nd consecutive day the place the worth keep under its 100 day transferring common. It might take a transfer again above that transferring common to tilt the bias a bit of bit extra to the upside as soon as once more. Failure to take action and the sellers/bears stay extra in management.