Down $0.24 or 0.50%
The price of crude oil is ending the day at $47.73, down -$0.24 or 0.50%
The high reached $48.28 today. The low extended nearly to $47.00 (low reached $47.08).
Looking at the hourly chart, below, the price has been stalling against the 200 hour MA above. IT comes in at $48.29. The 100 hour MA comes in at $47.92. A move above each and staying above will be more bullish.
