Crude oil futures are settling at $65.45, up $0.34 or 0.52%.
The price remains within the range going back to June 24 between $64 and $66.33. The 100-hour moving average at $65.25 dissects the lower and higher extremes. The price is just above that moving average keeping a modestly bullish bias at least in the short term.
Traders await the next shove after up and down volatility in June from the Iran/Isreal conflict.
This article was written by Greg Michalowski at www.forexlive.com.
