Crude Oil Quiet After Wicked Price Action

August Crude Oil futures are trading lower by $1.42 at $48.46 in Thursday's session. Here is a recap of the volatile price action

• $49.62 High of day (4:21 AM)
• $49.30 2:21 PM high
• $48.26 2:30 PM cash close
• $48.17 Low on closing bar for the day session