Crude oil futures are settling at $71.48. That's up $2.12 or 3.05%. The high price reached $71.83. The low price extended to $68.81.
The move to the upside took the price above its 100-day moving average at $70.66, and also its 38.2% retracement of the move down from the 2025 high (on January 15 to the 2025 low on March 5). The retracement level comes in at $71.16. The next major target comes against the 200-day moving average is $72.73. The last time the price traded above its 200-day moving averages was back on February 3.
Hence then, the article about crude oil settles at 71 48 was published today ( ) 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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