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WTI crude oil future settle at $72.56

WTI crude oil future settle at $72.56
WTI crude oil futures are settling at $72.56. That is down -$1.15 or -1.56%. The high price reached $73.89. The low price was at $71.80. Looking at the hourly chart, the low price today reached toward its 100 hour moving average currently at $71.70. Moving below that level would increase the bearish bias in the short term. Risk focused buyers leaned against the level today.The oil inventory data today showed a larger than expected build of 2.951 million barrels versus -0.917 million drawdown est... Read More
Posted: May 10 2023, 18:40
Author Name: forexlive
Views: 110597

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