December 1, 2022

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WTI crude oil futures settle at $69.09

1 min read

Up $0.94 or 1.3%

the price of WTI crude oil futures are settling at $69.09. That’s up $0.94 or 1.38%. The high price reached $69.35. The low price extended to $67.61. Tensions in the Middle East are helping to push the price back higher, but risk from Delta variant is also keeping a lid on the price.

Looking at the daily chart, the low price today did move below the swing high going back to March at $67.94, but is just above the level now. A move back below will have traders continuing to look toward the rising 100 day moving average at $67.10.

Up $0.94 or 1.3%_

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