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WTI Crude Oil Technical Analysis

Crude Oil continues to be supported amid a confluence of positive supply and demand drivers although the strong momentum of the past couple of weeks faded a bit ahead of the key $80 level. On the supply side, the tensions in the Red Sea are…

WTI crude oil futures settle at $76.64

The price of WTI crude oil futures are settling at $76.64. That's down -1.23% or -1.58%.The high-priced today reached $78.77. The low price extended to $76.64.Technically, the price fell below its 100 and 200 day moving averages today at…

Crude oil settles at $72.28.

The price of crude oil isn't selling at $72.28. That's down $-1.54 or -2.09%. The low for the day was at $71.79. The high for the day was at $74.52. The price decline comes despite the stronger-than-expected US jobs report and other reports…

Crude oil futures and settle at $76.78

After rising to a high price of $79.29, the price of crude oil fell sharply to a low of $76.41. It is settling at $76.78. That's down $-1.23 or -1.58%.China's Evergrande was ordered to liquidate its holdings after failing on interest…