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WTI crude oil futures settles at $72.15

WTI crude oil futures settles at $72.15
The price of WTI crude futures are selling at $72.15. That is up $0.41 or 0.57%. The high price reached $75.06. The low price was at $72.02. The gains from the weekend Saudi Arabia production cut were erased.Looking at the daily chart, the high price today extended toward the falling 100 day moving average. That level comes in at $75.66. The high price got within $0.60 of that level but backed off into the close.Saudi Arabia announced a voluntary cut in oil production by 1 million barrels per da... Read More
Posted: Jun 5 2023, 18:40
Author Name: forexlive
Views: 110625

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