WTI crude oil futures settle at $52.24

Technical Analysis

Up $1.41 or 2.72%

The price of WTI crude oil futures are settling the day at $52.24. That’s up $1.41 or 2.72%. The high for the day reached $52.33. The low reached $50.81.

The price has risen from the close on December 31 at $48.52. The low price reached $47.18. The high price was today’s high at $52.33.  The gain of $3.72 since the close on December 31 represents a 7.66% gain for the week.   The contract today also traded at the highest level since February 21.

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