[TradersCom]

WTI crude oil futures settle at $110.29 Up $0.01 or 0.01%

The price high reached $111.96. The low price extended to $109.15.

On the daily chart, the price remains within a channel connecting recent highs and lows going back to April.
Last week the price did extend above a topside trend line only to fail and move back toward the middle of the range.
The topside trend line.
The topside trend line cuts across at $115.44 and moving higher.
The lower trend line cuts across near $110.40.

[TradersCom]

WTI crude oil futures settled at $109.77. That’s down -$0.52 or -0.47%. Ahead of API
The low $108.61. The high price $111.43. The prices

[TradersCom]

WTI crude oil futures settle at $114.09
Up $3.76 or 3.14%
The high price $114.83. The low $110.27.

[TradersCom]

The U.S. continues to drain it’s SPR, last week fell to lowest level since Sept 1987 which have not alleviated product shortages and the headline risk
[See the full post at: Around The Barrel – Crude Oil and Gasoline Summer Outlook]

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