Down -$0.65 or 1.31%

The Crude oil futures are settling the day at $48.97 /BBL. That is down -$0.65 or -1.31% on the day.

The high price today reached $49.43.
The low price reached $48.20.

Technically, the price traded below the 200 day MA for the 1st times since March 29th. That MA comes in at $48.94. The close today is just above that MA level. If there is a break, the price can reach $47.22 if the Saudi's don't come in and slow this decline before than with more chatter about production cuts. If that $47.22 level is broken, there should be more downside momentum.