Up $0.28 or 0.57%

The US Crude oil futures are settling the day at $49.35/bbl. That is up $0.28 or 0.57%. The high extended to $49.60. The low reached $48.05.

The contract is ending the day right around the 50 and 200 day MAs at the $49.29 and the $49.27 respectively. The market price is hanging around a neutral area, and wondering higher or lower from here.