Crude oil futures settle at $63.88

Crude oil futures are settling down $Zero.47 or -Zero.73% at $66.43. The excessive value reached $65.11. The low value was at $63.76.

At session highs, the worth did lengthen briefly above the 100-day shifting common at $64.92, however momentum can’t be sustained in value shortly rotated again to the draw back.

At session lows, the worth examined the low of a swing space close to $63.61 (see pink numbered circles and yellow space). Shifting under that stage will open the door for the sellers to push decrease.

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This text was written by Emma Wang at investinglive.com.