WTI crude oil futures settle higher by $0.54 or 0.97%
The price of WTI crude oil futures are settling at $56.22. That's up $0.54 or 0.97% on the day.
The high price reached $56.58 while the low extended to $55.30.
Looking at the hourly chart, the contracts trades between channel trendlines. The topside trend line cuts across at $57.40. The lower trend line is at $55.50
For Adam's view of the run higher in crude oil click here
