Crude oil futures and settle at $62.52 ...Middle East

Technically, the rally extended into a key swing area between $63.52 and $64.14 (see red numbered circles), but still fell short of the 38.2% retracement of the 2025 decline from the January high, which comes in at $64.88.

Conversely it would take a move above the swing area and the 38.2% retracement to increase the bullish bias. .

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about crude oil futures and settle at 62 52 was published today ( Monday 02/06/2025 - 10:12 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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