Down $0.01 or -0.02%

The price of crude oil futures is settling down $0.01 or -0.02% at $60.93.

The high price moved up to $61.18 after the inventory data came out showing a draw of -1.085M in the weekly inventory data. Although that was not as large as the expected -1.75M estimate, it was better than the build projected by the API data of +4.7M.

The low for the day was down at $60.32.