US crude oil futures is settling $74.66

The price of WTI crude oil futures are selling at $74.66. That’s up a modest 4 cents or 0.05%..

Looking at the daily chart, the price is settling below its 200 day moving average for the second day in a row at $74.71. For the trading week the race is down -3.58% as Pres. Trump started his 2nd term with the promise to drill, drill, drill and lower the price of energy.

This article was written by Greg Michalowski at www.forexlive.com.