Crude oil is settling the day up $0.33 on the day at $61.53. The high today reached $61.84. The low was at $60.06.

For the trading week, the price is closing down marginally by about – $0.34 or -0.54%. The high for the week was at $64.14. The low was at $60.06.

The decline this week was the first in 3 weeks as expectations of another OPEC+ production increase and concerns and uncertainty about growth given the tariffs environment weighs on price as well.

This article was written by Greg Michalowski at www.forexlive.com.