WTI crude oil futures settle at $59.09

Rises by $0.57 or 0.97%

The price of crude oil is ending the session up $0.57 or 0.97% at $59.09. The high reached $59.23. The low extended to $58.05.

Technically, the futures price low stall again at the 100 hour MA (blue line)  That MA line stalled the fall on Friday too. Stay above is more bullish. Move below and the buyers turn to sellers.


Articles You May Like

Simple Narrow Range Forex Trading Strategy ⛏️
USD/CNY risk reversals: Put value drops despite dovish Powell
New £50 note but it’s the same old story for GBP
Crude Oil Prices May Oscillate Between Iran Risks, China GDP
NZ: Q2 CPI as good as it gets – ANZ

Leave a Reply

Your email address will not be published. Required fields are marked *