Crude oil settles at $68.61. Lowest level since June 28 ...Middle East

The price of crude oil fell sharply and traded to the lowest level going back to June 28. The low for the day reached $68.22. The high reached $71.96.Looking at the daily chart, the price is getting closer to swinging area support going back to the end of May and into June between $66.80 and $67.05. The low price from 2023 comes in at $63.64 (May 4). For the year, the price of crude oil is now down -14.60%. The AAA average gas price is down to $3.13 per gallon which is down from $3.37 a month ago and $3.26 a year ago .Market focus will now shift to the upcoming weekly private oil inventory data which will be released at 4:30 PM ET. Tomorrow, the EIA inventory data will be released at 10:30 A

Hence then, the article about crude oil settles at 68 61 lowest level since june 28 was published today ( Tuesday 12/12/2023 - 10:44 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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