Crude oil futures up $1.26 or 1.53%

The price of WTI crude oil futures are settling at $83.76 - near the high for the day. That is up $1.26 or 1.53%

The high for the day reached $83.80. The low extended to $81.76.

A week ago, the price closed at $82.47. The gain of $1.29 represents a gain of 1.564% for the week. The close is the highest in seven years. Since August 20, the price of crude oil is up close to 36%.

Crude oil