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The value of WTI crude oil futures are settling at $107.82. That’s up $3.58 or 3.43%.
The excessive value reached $108.75. The low value prolonged to $104.55
Wanting on the hourly chart, the value excessive at this time stalled close to the 100 and 200 hour shifting averages. The 100 hour shifting averages at $108.23. The 200 hour shifting averages at $108.76. A transfer above these shifting averages would improve the bullish bias as shorts in opposition to the shifting averages look to cowl.
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