Crude oil futures settle at $56.66

Up $0.44 or 0.78%

The crude oil futures are settling the day at $56.66. That is up $0.44 or 0.78%.

• The high today reached $56.99.
• The low extended to $56.08.

The price continues to consolidate, but is still above the 100 day MA at $55.38. That will continue to be a barometer for the bullls and bears going forward. Stay above and the buyers are more in control. Move below and the buyers may give up.