Crude oil settles at $61.95 | Forexlive

Crude oil futures are settling at $61.95. That is up $0.93 or 1.52%. The high price reached $63.57. The low price was at $61.04. The price is up for the third consecutive day. Since the low reached on May 5, the price is up 11.48%.

Looking at the daily chart, there is a swing area between $62.46 and $65.29 (see yellow area on the chart above).. In between that area lies the 50% midpoint of the range since the 2020 low. That level comes in at $64.71

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.