WTI crude oil futures settle at $62.99

Technical Analysis

Author: Greg Michalowski | crude-oil

That''s a wrap for the June contract. July is the front contract tomorrow

The June WTI crude oil futures contract settled at $62.99. That represented an $.11 increase or 0.17% on the day. The high reached $63.60. The low extended to $62.75.

The June contract goes off the board today and will be replaced by the July contract as the front contract tomorrow.  The July contract is currentlty trading at $63.05. So the roll to the new contract is only about $.06 (not a big differenece).  

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