Article details
Crude oil futures settled slightly lower at $82.23 per barrel, down $0.13 or 0.16% after experiencing a highly volatile trading session. Prices swung between a high of $83.31 and a low of $79.62 before recovering toward the settle. Technical analysis shows the bounce stalled below a cluster of resistance formed by the 200-hour moving average at $84.05 and the 100-hour moving average at $84.38, while downside attempts were protected by an ascending trendline at $79.32.
