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Technical Analysis
Crude oil futures settle at $79.83

Crude oil futures settle at $79.83

Technical Analysis
By Greg Michalowski
28/05/2024 | 19:05 GMT
  • Up $2.11 or 2.71%

The price of crude oil futures settled at $79.83. That was right at its 200 day moving average.

The price has subsequently moved above the moving average level and currently trades at $80.11.

Crude oil
Crude oil trades above its 200 day moving average

OPEC+ meeting is later this week.

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