US Crude oil futures settle at $49.07/bbl

Technical Analysis

Author: Greg Michalowski | us-crude-oil-futures

Up on the day by $0.41 or 0.84%

The US crude oil futures are settling the day at $49.07 bbl up $0.41 or 0.84%.

The high extended to $49.50. The low reached $48.03.

Crude oil inventories saw a -1753K draw down vs -2673K estimate.