WTI crude oil futures settle at $81.64

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WTI crude oil futures settle at $81.64

<p>The price of WTI crude oil futures for February is settling up $0.98 or 1.22% at $81.31. The high price reached $81.91. Low price was at $79.91.</p><p>For the March contract it is settling at $81.64 up $1.03</p><p>For the trading week, the price is up 2.18%</p><p>The 100 day moving average for crude oil is currently at $82.46. The level will be a key target on the top side to get through if the buyers are to take more control.</p><p>The Baker Hughes rig count released earlier today showed:</p><ul><li>Total rigs down to four at 771. </li><li>Oil rigs -10 at 613</li><li>natural gas rigs up to six at 156</li></ul>

                This article was written by Greg Michalowski at www.forexlive.com.

Source: WTI crude oil futures settle at $81.64

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