Settle at $45.88 for the week ending September 9th, 2016

Crude oil futures for October delivery are settling the day/week at $45.88, down -$1.74 or 3.65% on the day.

For the week, the price is still up about 2.64% despite the sharp fall today.

Looking at the daily chart below, the price is settling between the 100 day MA (blue line at $47.25) and the 200 day MA (green line at $44.29). It is also near center between trend lines. This suggests that the market is a bit unsure about the direction for the time being.