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Crude oil futures settle at $71.43

Crude oil futures are settling at $71.43. That is down -$0.15 or -0.21%.

For the buying and selling week, the worth is little change at +0.25%. The low for the week reached $67.71. The excessive for the week was up at $72.56.

Trying on the weekly chart beneath, the worth traded this week above and beneath the 200-week transferring common at $70.43 (inexperienced line within the chart beneath). Nonetheless, momentum couldn’t be maintained, and the worth rotated again above the transferring common degree for the second week in a row. Of observe is that the low costs did keep above the Might and June lows which bottomed close to $67.

Crude oil

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