Crude oil is closing near unchanged on the day. The settlement price is $75.53. That’s down to cents or -0.03%.

For the week, the price is down -$0.38 or -0.50%.

The prices also settling below its 200 week moving average for the first time since January 2021. That 200 week moving average comes in at $75.95

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