Down $0.98 or 2.02%
The price of crude oil is settling nearly $1.00 lower at $47.43/BBL. That represents a -2.02% decline.
The high for the day reached $48.43.
The low extended to $47.06.
The contract trades above the 50 day MA at $46.66 but below the 200 day MA at $49.40. In between sits the 100 day MA at $47.88.
