The WTI crude oil futures are settling at $78.26. That’s up $1.09 or 1.41%. The low price reached $76.26. The high price was at $78.49.
Technically the price moved back above its 200 day moving average at $78.45 intraday after trading below it for the 1st time since July 24 last week.
The price has now settled below that moving average for 5 consecutive days. It would require moving and staying above the 200-day moving average to give the buyers some hope..