up $0.06 or 0.12%The price of the most active WTI crude oil contract is ending the day up $0.06 at $51.90.
The high reached $52.30.The low fell to $51.68.
Technically, the contract gapped above the 100 hour MA earlier today (and the 200 hour MA for that matter — blue and green lines). Those MAs come in at $51.77 and $51.55 respectively. There is a ceiling at the $52.37 level, that if going higher, the price needs to break above and stay above. The $52.86 was the high from September and the highest level since April 17th.