WTI crude oil futures settle at $47.62

Technical Analysis

Up $0.63 or 1.34%

The price of WTI crude oil futures are settling at $47.62. That’s up $0.63 or 1.34%

The high price today reached $47.73. The low price extended to $46.54.

Technically the low price today based ahead of its 100 hour moving average. That level currently comes in at $46.63 a moving higher. Stay above the 100 hour moving average and the 200 hour moving average at $46.19 keeps the buyers more in control.
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