Crude oil futures are settling at $61.95. That is up $0.93 or 1.52%. The high price reached $63.57. The low price was at $61.04. The price is up for the third consecutive day. Since the low reached on May 5, the price is up 11.48%.
Looking at the daily chart, there is a swing area between $62.46 and $65.29 (see yellow area on the chart above).. In between that area lies the 50% midpoint of the range since the 2020 low. That level comes in at $64.71
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