WTI crude oil futures closes above $40 per barrel for the 1st time since March 6

Settles at $40.46, up $0.71 or 1.79%

The July contract for WTI crude is settling above $40 per barrel for the 1st time since March 6. The contract is settling at $40.46, up $0.71 or 1.79%. The August contract is settling at $48.73 up $0.90 on the day.