Futures of WTI crude oil settle at $41.60

Crude Oil WTI

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The Settles at $41.60/bl

The price of crude futures are settling at $41.60. That’s positive 0.75%. The high price for the day reached $41.82. The low price extended to $40.48

Furthermore,The high price today did extend above that level but could not sustain the momentum

the price is closing  below the 50% retracement of the 2020 trading range. That level comes in at $41 per barrel . The high price today did extend above that level but could not sustain the momentu

US-China And Oil

 

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