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The value of WTI crude oil futures are settling at $88.15. That’s up $1.33 or 1.53%. The excessive value at this time reached $88.23. The low value prolonged to $86.38.
Wanting on the hourly chart, the worth tried to dip beneath its 100 hour shifting common (blue line within the chart beneath) presently at $86.88, however couldn’t maintain any momentum and the worth rotated again to the upside.
The cycle excessive for crude reached $88.76 final week. That was the very best stage in over 7 years.
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