Crude oil futures settle at $65.45

  • Up $0.34 or 0.52%

Crude oil futures are settling at $65.45, up $0.34 or 0.52%.

The price remains within the range going back to June 24 between $64 and $66.33. The 100-hour moving average at $65.25 dissects the lower and higher extremes. The price is just above that moving average keeping a modestly bullish bias at least in the short term.

Traders await the next shove after up and down volatility in June from the Iran/Isreal conflict.

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