Crude oil futures settle near highs for the day

Up over 10% on the day

The price of crude oil futures are settling near the highs for the day at $34.36. That is up $3.23 or 10.38%.

Up over 10% on the day

The price of crude oil is trading higher in after-close trading. The high price just reached $34.98. The low price extended to

Technically, the next upside target comes in at the 38.2% retracement of the move down from last week's high at $35.48. The gap from Friday runs up to $41.05. In between is the 50% retracement of the same move lower at the $38 level.

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