Crude oil settles at $66.29
Crude oil futures are settling at $66.29 that’s down $-1.04 or -1.54%.
The high price today reached $67.74 raise was at $65.06 200 hour moving to comes in at $67.25 so the price traded above that level
OPEC+ announced an increase in crude production on Sunday, raising concerns about a potential global supply glut.
However, oil prices rebounded off session lows, supported by a weaker U.S. dollar and President Trump’s warning that tariffs on India could be raised “substantially” in response to its continued purchases of Russian crude.
