Up $zero.51 or zero.95%
The worth of crude oil futures are promoting at $54.41. That’s up $.51 on the day or zero.95%.
The excessive worth reached at $54.68. The low worth prolonged to $53.08.
Wanting on the hourly chart te worth motion at present noticed a pointy decline. That fall discovered help on the 100 hour MA, and the bouce was on. The worth has almost accomplished the lap to the day’s highs at $54.68. From the chart, the 100 hour MA was resistance on Feb 6, Feb 7 and on Feb 12. Since transferring above the MA line on Feb 12, the MA line has been help.