Less than -0.65 dollars or -0.94%
The price of WTI crude oil futures remains at $ 68.44. It has dropped to $ 0.65 or -0.94%. The high price reached $ 69.22. The low price reached $ 68.15. Today’s low was just above last week’s close of $ 67.95.
The week’s price fell to a low of $ 65.13 on Monday before rising to $ 69.60 on Thursday. It was just 50 percent from the midpoint of the July 31 peak to $ 69.67.
The couple traded yesterday and today above and below their 200 hour moving average. Today, the price fell to its lowest level than the 100-hour moving average, currently to $ 68.22, but rose back. The price is over the 200-hour moving average between $ 68.61 and the 100-hour moving average between $ 68.22.
The EIA lowered demand forecasts this week in response to the rise in global Delta virus cases. The White House’s call to increase OPEC + production to help lower oil prices and prevent a global slowdown was also remarkable this week.