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Crude oil settles at $58.84. Tests the 100 hour MA on the rebound

Forexlive
The price of crude oil is settling at $58.84. That is up $0.78 or 1.34%.The high price today reached $58.94 just off the settle level. The low price was at $57.42.Looking at the hourly chart, the low price today was near the low prices from Friday's trade near $57.39.

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