Down marginally on the day
The US crude oil futures settle at $48.69/BBL. This is down $.12 or 0.25% on the day.
The high for the November contract reached $49.13 the low traded down to $48.26.
Technically, the price moved above the high price from August at $48.75 but is closing just below that level in trading today. A move above will be eyed as more bullish for the pair.
