WTI crude oil futures settled at $60.07, down $2.28 or 3.66% on the day. Price action was volatile, with a session low of $58.76 and a high of $63.34. The market continues to digest yesterday’s sharp move lower, which saw crude fall to $55.15 — the lowest level since February 2021 — before rebounding.
Today’s high tested the lower end of a key swing area between $63.61 and $65.29 but failed to break through. Just above that, the 38.2% retracement of the 2025 high-to-low move comes in near $64.92 — another major upside target that bulls need to reclaim to regain firmer control.
For now, sellers remain in charge below that resistance band, while a move above $64.92 would mark a meaningful shift in momentum.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about crude oil futures settle at 60 07 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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