The price of crude oil is settling the day at $78.99. That is up $0.61 or 0.78%. The price is settling near the high for the day at $79.11. The low for the day came in at $76.92. For the 4th day in a row, the price toyed with the 100-day MA but settled above the MA at end of the day. That 100-day MA is at $78.22. The 200-day MA is taat $80.06, and would be the next key target to get - and stay above - if the buyers are to wrestle back more control from a technical perspective from the sellers. The inventory data was released today with mixed results:Crude oil showed a larger than expected drawdown of -1.362M vs expectations of -1.066MGasoline showed an unexpected build of 0.915M vs expected
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