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WTI crude oil settles at $79.56

WTI crude oil settles at $79.56

The price of WTI crude futures are settling at $79.56 . That's up $2.07 or 2.671%

Frigid temperatures across most of US are contributing to the move to the upside. The high price today extended back over the $80 level to $80.30. The low price was down at 78.01.

Looking at the hourly chart, the price moved back above the 38.2% retracement of the move down from the November 7 high. That level comes in at $79.16.

The rising 100 hour moving average is down at $77.4, and the ris... Read More

Posted: Dec 23 2022, 19:44
Author Name: forexlive
Views: 110879

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