Яндекс.Метрика US crude oil settles at $70.80/BBL – Technologies of the future for life!
Home / Forex Treiding / US crude oil settles at $70.80/BBL

US crude oil settles at $70.80/BBL


  • share

Down $0.70 or 0.88%

The price of crude oil futures are settling at $70.88. That is down -$0.70 or -0.88% on the day.  Pres. Trump today told OPEC to get “prices down now!”

Well, the comment worked (at least a little).
The high price today reached $71.81. The low was near the close level at $70.73. 
Technically, the high today traded to the highest level since July 11, but rotated back down. The price also closed below the swing recent swing highs between $71.10 and $71.66.  Staying below that area could see more downside potential – and Trump would get his wish.  
The 100 day MA at $68.96 would be a target to aspire towards.

ForexLive

About SkyNET

Leave a Reply

Your email address will not be published. Required fields are marked *