WTI crude oil futures to settle at $63.13, up $0.33 or 0.52%
the price of WTI crude oil futures are settling at $63.13. That is up $0.33 or 0.52%. The high price for the day reached $63.88. The low price extended to $62.83.
The June contract settled lower by $0.32 at $63.14
Technically, the price is trading between the 50% and the 61.8% of the move down from the March cycle high. Those levels comes in at $63.87 to $62.61.
For the week, the price closed last Friday at $59.32. The high this week reached $63.88 today. at $63.13, the gain is $3.81 or 6.4%.
This article was originally published by Forexlive.com. Read the original article here.