WTI crude oil futures settled at $64.60, up $0.45 or 0.70% on the day. The contract briefly reached a high of $64.70—just above settlement—while the session low was set at $63.35.
During the session, sellers managed to push prices below the 100-hour moving average at $63.85, but support held above the 200-hour moving average at $63.33, containing the downside. The subsequent rebound shifts focus to the 38.2% retracement of the July 30 decline at $64.91, which also sits inside a broader swing zone between $63.85 and $65.27—a former floor now acting as resistance.
A decisive move above this zone would expose Monday’s high at $65.10, a key resistance level that buyers must clear to extend the bullish momentum further.
The weekly inventory data released yesterday showed another drawdown from crude and gasoline stocks.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about wti crude oil futures settle at 64 60 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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