Crude futures settle the day at $79.23. That is down -$0.60 or -0.75%.
Looking at the daily chart, the price fell back below its 200-day moving average at $79.82, but did a good job of holding support against the 100-day moving average at $79.08. The low price reached $79.05 today.
This article was written by Greg Michalowski at www.forexlive.com.
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