Trades up to $ 62 and finds buyers with natural support on the first try
The price of WTI crude oil futures is making new lows for the day and testing the $ 62 level. The lowest price has just reached $ 62 and sees a modest rebound to $ 62.18
A break below the $ 62 level is waiting for traders to reach the lowest level on May 21, at $ 61.58. The 200-day moving averages are $ 60.66 and are moving higher. In November 2020, the lowest level increase of 38, 2% to 60, 42 dollars.