US crude oil futures settle at $39.92

Down -$1.35 or 3.27%

The US crude oil futures settle at $39.92. That is down -$1.35 or -3.27%.

The high for the day reached $41.39. The low for the day reached $38.72.

The 50% of the 2020 range for the September contract comes in at $41.72. Staying below keeps the sellers in control..