Crude oil future settle up $0.25 at $66.89

Up 0.38% or $0.25

The price of crude oil is settling up $0.25 on the day or 0.38% at $66.89.

The high reached $67.16. The low extended to $66.36.

The big event is next week's OPEC meeting (on June 22) where producers will decide to keep the current quotas or increase production to account for lower supply from Venezuela and Iran (as a result of sanctions by US against Iran).