Crude oil futures settle at $69.61. Up $0.31.

Up 0.45% on the day

The price of crude oil futures are settling at $69.61. That is up $0.31 on the day or 0.45%.

The high reached $69.92. The low extended to $68.92.

Technically, the price moved above the 100 and 200 hour MA (blue and green lines) yesterday and today moved above a topside trend line at $69.38. Stay above each, keeps the corrective move higher in play. Move below and the bias turns around.

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