Crude oil futures settle at $82.22 ...Middle East

The price of crude oil settled at $82.22. That's up $0.12 or 0.14%.The high price extended all the way up to $85.64 soon after the Israeli strike on Iran. Low price was at $81.13.The high price for the week reached $86.18. The low price was at $81.06. Last week's closing level was at $85.66. So at current levels the price is down -3.99% on the week. The high price for April (and for 2024) reached $87.67 on April 12. That was the highest level going back to October 23, 2023.Looking at the daily chart, the corrective moved to the downside this week was able to get back below the 50% midpoint of the range since the 2023 high price. That midpoint level comes in a $81.37 (see chart below). As men

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Last updated : 19 April 2024 clock 10:01 PM

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