US crude oil futures settle at $52.93

Down -$0.93 or 1.73%

The US Crude oil futures are settling the day down -$0.93 or 1.73% on the day. The closing price is $52.93.

The high for the day reached $53.95. The low extended to $52.77.

The price remains confined by roughly the $50 level below and the $55 level to the topside.