US crude oil futures settle at $53.38

Technical Analysis

Author: Greg Michalowski | us

Down $0.50 or -0.93%

The price of crude oil futures are settling at $53.38. That is down $0.50 or -0.93%
  • the high price today reached $53.86
  • the low price reached $52.55
For the week, the price last Friday closed at $52.05.. The gain of $1.33 is equivalent to a 2.55% gain for the week. The low was reached on Tuesday at $50.88. The high for the week was yesterday at $54.50. 

The low for the week did find support against lows from 2019 which ranged between $50.52 and $50.52 (August low) and $50.99 (October low).

Down $0.50 or -0.93%_

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