US crude oil futures settle at $47.64/BBL

Up $0.27 or 0.57% Crude oil futures are trading at $47.64 up $0.27 or 0.57%. The high for the day extended to $48.03. The low bottomed at $47.20 Technically, the price today moved about $0.10 above the 100 day MA at $47.93 (high reached $48.03) but spent the most of the trading day below that MA level.  More bearish

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