© Reuters. FILE PHOTO: A view of the Johan Sverdrup oilfield in the North Sea, January 7, 2020. Carina Johansen/NTB Scanpix/via REUTERS/File Photo LCO -0.76% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1
The price of WTI crude oil futures is settling near the high for the day at $77.07. That’s up $1.42 or 1.88%. The low for the day was at $75.69.The closing level is just below the 200-day moving average at $77.18. Recall from last week the price tested that level and rotated back down toward
WTI w 200dmaThe chart of WTI crude oil pretty much speaks for itself. Baker Hughes reported that US drillers cut rigs by 7 this week and with the inventory of drilled but uncompleted wells nearly zeroed out, there aren’t many taps to turn on.The message from the oil market is simply that $77 doesn’t incentivize
WTI crude futures are selling at $75.63. That’s up to $0.28 or 0.37%. The high price today reached $76.15. The low price was at $74.52.Technically the price is settling near the middle of the 100 day moving average below at $73.67, and the 200 day moving average above it $77.22. The price has closed between
© Reuters. FILE PHOTO: A worker pumps petrol for a customer at a petrol station in Barcelona, Spain, February 4, 2022. REUTERS/Nacho Doce/File Photo MS -0.97% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage:
Latest News Gold Under Pressure As Hawkish Fed Expectations Grow Added June 30, 2023 By James Harte Daily Market Outlook, June 30, 2023 Added June 30, 2023 By Patrick Munnelly EURJPY H4 | Bullish Bounce Off Overlap Support Added June 30, 2023 By Desmond Leong USD Rallying Hard On GDP Beat Added June 30, 2023