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WTI crude oil futures settles at $79.16
The price of WTI crude oil futures are settling at $79.16. That's down $1.70 or -2.10%. The high price today reached $81.24. The low price reached $78.93. As mentioned in a prior post, the low price was able to start to dig into the gap from the OPEC+ weekend meeting where they cut production (on April 1). That gap extends from $75.70 up to $79. Technically, looking at the hourly chart below, the price fell below the 200 hour moving average during Mondays trading, and retested that moving avera...
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Posted: Apr 19 2023, 18:46
Author Name: forexlive
Views: 110792