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US crude futures settle at $72.99. That’s down $0.87 or -1.18%. The high for the day reached $74.15. The low was at $72.67. Looking at the daily chart, the price high did extend above its 100-day moving average at $73.78, but could not sustain momentum. Closing back below the 100 day moving average tilts the blast back to the downside.
WTI crude oil settles below its 100 day moving average
This article was originally published by Forexlive.com. Read the original article here.