Crude oil futures settled at $69.39

The worth of WTI crude oil is settling at $69.39. That is up $zero.23 or zero.33% .

Technically, the worth is closing above its 200-hour shifting common at $69.23 (inexperienced line on the chart above). The final corrective low stayed above its rising 100-hour shifting common at $68.25 (blueline on the chart above).

The low value on Monday stalled inside a swing space between $66.31 and $66.91.

Consumers try to take again extra management after declines in buying and selling final week. Staying above the shifting averages will maintain the consumers in play.

This text was written by Emma Wang at www.ubaidahsan.com.



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