Crude oil futures settles at $71.37 ...Middle East

The price of crude oil futures is settling at $71.37. That is day $0.87 or -1.20%.The low price for the day reached $71.01. The high price was at $73.59.The weekly EIA inventory data showed larger-than-expected builds in crude, gasoline, and distillates. That helped to push the price lower and in doing so, the price fell below its near-converged 100 and 200-hour moving averages near $72.28 (currently). The price low for the day stalled just ahead of the 61.8% retracement of the move up from the December 13 low. That level comes in at $70.95. A move below that level would have traders targeting the swing low from 2024 at $70.16 and $69.28 respectively. This article was writte

Hence then, the article about crude oil futures settles at 71 37 was published today ( Wednesday 10/01/2024 - 11:05 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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Last updated : 10 January 2024 clock 11:05 PM

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Crude oil futures settles at $71.37 ...Middle East

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