Crude oil costs noticed a unstable session, swinging between features and losses. After opening close to $61.45, the worth climbed to a excessive of $62.68 earlier than falling to a low of $60.59. It finally settled at $61.53 — near each the day’s opening degree and Friday’s closing value.
Wanting on the hourly chart, the worth is between its 100 hour transferring common beneath at $60.21, and its 200 hour transferring common above $62.67. Merchants will search for a break in both path for bias clues this week