<p>WTI crude oil futures are settling at $90.44. Last Friday, the closing level came in at $91.87. For the week the decline, the price fell $1.43 were -1.5%.</p><p>Technically the price is settling near its 200 hour moving average (green line in the chart below) at $90.12. The high price stalled near the 38.2% retracement at $91.87. The low price stalled near the 100 hour moving average at $88.59.</p><p>Next week those levels will all be defining levels.</p>

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