Crude up 2.19%. Brent up 2.29%
The price of crude and brent crude are up over 2% in trading today:
- Crude oil rose $1.36 or 2.19% to $63.42
- Brent rose $1.54 or 2.29% to $68.65.
Higher stocks, tension in Syria (and Russia involvement) are helping to contribute to the run higher.
Technically, the price of crude oil moved above the 100 hour MA at $63.09 and the topside trend line at $63.24.
