The price of WTI crude oil futures are settling at $71.32. Will That’s up nine cents on the day or 0.13%. The low price reached $70.35. The high price reached $71.81. Last week the low price extended to $68.80 before rebounding on Thursday and Friday. The price is now up two days in a row.
Crude oil is higher for the second consecutive day
Looking at the daily chart, there is stronger support at $67 level (see lows on June and July). On the top side, the November low reached $72.37 on November 16. Get above that level should lead to more upside probing.