Settlement just above the $20 level

the price of WTI crude oil futures are settling just above the $20 level at $20.09. That is down -$1.42 or -6.6%. The close is the lowest close since January 2002.

Settlement just above the $20 level_

The low today reached $19.27. The high reached $20.93.

Today Pres. Trump talked with Russian Pres. Putin but there was no meaningful breakthrough other than talks on oil would be conducted on a ministerial level going forward.