Technical Analysis

WTI crude oil futures settled at $73.39

WTI crude oil futures settled at $73.39 today. That was down -$2.49 or -3.28%.

The high price reached $78.00 today. The low reached $73.13. The price traded to the lowest level going back to January 23. The low for the year reached $72.46 back on January 5th. The cycle low from December reached $70.08.

For the week, the price of crude oil tumbled by $8.06%. The close last week was up at $79.68.

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