Crude Oil Chops Around in Middle of Near-Term Range, OPEC Lowers Forecast

Written on 04/14/2025
Jim Rinaudo

The June WTI (CLM25 ) contract settled at 61.05 (+0.15) [+0.25%] , high of 62.07, low of 60.12. Spot price is 61.51 (+1.34) Open interest for CLM25 is 290,785. CLM25 settled above its 5 day (60.51), below its 20 day (65.88), below its 50 day (67.68), below its 100 day...An oil tanker out at sea by Gerhard Traschutz via Pixabay
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