Gain of 0.49% on the day
The US crude oil futures are settling at $42.74, up $.21 or 0.49% on the day.
The high price for the day extended to $43.32 while the low came in at $42.26.
Technically, the price low today found support buyers against the low from November at $42.20. The 50% of the move up from the Feb 2016 low comes in at $40.65 and would be a target on a break below that level. ON the topside, the $44.09 level was the broken 38.2% retracement level. There was some pause at that area in last week's trading.
