WTI futures settle the day (and for the week) up $0.01 at $60.21
The high for the day reached $60.74
For the week, the pair is up $2.70 or 4.69% from the closing price of $57.51 last week. The gains were helped by a big drawdown of inventories on Wednesday of -9.499M barrels (expecting -3.0K).
Technically, the price moved above its 200 and 100 day MAs at $58.32 and $59.19 respectively. It will take a move back below those levels to hurt the bullish bias next week.