Crude Moves Towards $25 Handle

Loading...
Loading...
March Crude Oil futures are trading lower by $1.27 at $26.18 in Thursday's session. It is trading lower for the sixth day in a row, falling from its February 3 close ($32.88) to its current level. After making a new low for the move on Wednesday at $27.24, it rallied to settle at $27.45. It staged an intra-day rally around 10 a.m. ET, that peaked just above the close at $27.48. It is now making its third attempt to trade in the $25 handle as the first two attempts were thwarted at $26.22. At this time, the low for the day stands at $26.12.
Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsTrading Ideas
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...