WTI crude futures settles at $78.49

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WTI crude oil closed at $78.49. That’s down $0.10 or -0.13%.

The low price reached $78.18. The high prices at $79.76.

Looking at the hourly chart, the low stall near the 200 hour moving average. Today’s low stalled ahead of the rising 200 hour moving average which is currently at $77.88.

Crude oil remains above the 200 hour MA

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