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WTI Crude Oil stands at $109.77.

Crude Oil finds sellers against the surface swing zone

The price of WTI crude oil futures rose and fell in trading today. The low price was $108.61. The high price was $111.43. Prices set between these levels at $109.77. That’s down -0.52$ or -0.47%.

Looking at the hourly chart, today’s high price has stalled near a swing zone between $111.37 and $111.96. The most recent lows find support at the 100/200 hourly MA between $109.74 and 109.61.

Traders will look for the next push outside of these target support and resistance levels.

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