WTI crude oil futures settle at $40.63

Technical Analysis

Author: Greg Michalowski | crude-oil

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..
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose