Down -$1.10 or -1.6%
The price of crude oil is settling at $67..66 today.
That is down -$1.10 or -1.6%. The high for the day reached $68.52. The low extended to $67.31.
The inventory data today showed a build of 3803K vs an expected draw of -3000K. That helped to pressure the price.
Technically, the price closed below its 100 day MA at $67.86. That is the first break below the MA since June.
