Crude oil prices slip as the Suez Canal reopens. Price settles at $60.55.

Covid cases per new restrictions. OPEC looms ahead

The price of crude oil futures settled the day at $60.55. That’s down $1.01 or -1.64%.

The high price reached $60.27. The low price extended to $59.94. The May contract is hanging around its 100 and 200 hour moving averages which are near converged at $60.35.

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