Up $.23 or +0.42%
the price of crude oil futures are settling at $54.38 per barrel. That is up $.23 or 0.42% on the day.
The high price reach $54.58 while the low extended to $53.93.
Technically, the February high and the January high at $54.94 and $55.24 respectively, will be the next targets on the top side. I would expect sellers to lean against levels on the first test (see chart below).
