Down $0.02 or -0.05%

The price of WTI crude oil futures for August delivery is settling the day at $40.63. That is down $0.02 or -0.05%.

The crude oil is trading above the 100 hour MA

The high for the day reached $41.08. The low extended to $40.15.

Looking at the hourly chart, the price has remains above its 100 hour moving average since breaking above on June 29. The price has gone close to that moving average on June 30, on July 1, on July 3 and again today without going below..