Down $0.81 or 1.17%
THe price of WTI crude oil futures are settling at $68.28. That is down $0.81 or -1.17%.
The low for the day reached $67.80. The high reached $70.18. The price last Friday closed at $73.66. The move down took the settled price down -$5.38 or -7.3%. A big move to the downside.
Technically, the price moved down toward the rising 100 day moving average at $67.19. The price also tested the swing high going back to March at $67.94 this week. Moving below each would increase the bearish bias going forward. Conversely holding those levels keeps the buyers in play and in control.
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