Crude oil futures settle at $69.34

Crude oil is settling at $69.34. It is down four cents or -0.06% on the day. The high price reached $70.48 the low price was down at $68.80. The low price reached the lowest level going back to June 28. For the year, the price is now down -13.47%. That’s the largest year-on-year decline since 2020, when the price fell 20.54%. In 2021, the price rebounded 55.01%, and last year the price rose 6.71%.

This article was written by Greg Michalowski at Source