Crude oil futures and settle at $72.19 ...Middle East

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Crude oil futures and settle at $72.19
source : forex live ( Middle East ) () 11
The price of crude oil futures are settling at $72.19. That is down $0.51 or -0.70%. The high price reached $74. The low price was at $71.06. The price is settling right around its 100 hour moving at $72.11.In the weekly inventory data, the EIA announced a notable drawdown of 5 million barrels. This was significantly counterbalanced by a net build of 21 million barrels in products including a 10.09 million building distilates and a 10.90 million build in gasoline stocks. Both gasoline and distillate stocks reached their highest levels since January 2022. Following the EIA data release, prices dropped to lows of near $71, before rebounding back toward the $72.Tomorrow, the price will likely

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