up $.66 or 1.3%
The US WTI crude oil futures are settling at $51.50 per barrel that is 0.66 cents or a 1.3%. Last Friday, the crude contract closed at $51.68. The low traded to $49.61. The high extended to $52.42. At the highs, the price was near topside trend line. That trend line currently comes in at $52.24. On the downside, the 50 day MA comes in at $48.89. The 100 day MA is at $47.86 and the 200 hour MA is at $47.60.