{"id":436110,"date":"2026-08-13T01:54:11","date_gmt":"2026-08-12T18:54:11","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-futures-settle-at-83-27-436110\/"},"modified":"2026-08-13T01:54:11","modified_gmt":"2026-08-12T18:54:11","slug":"crude-oil-futures-settle-at-83-27","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-futures-settle-at-83-27-436110\/","title":{"rendered":"Crude oil futures settle at $83.27"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">Crude oil futures are settling at $83.27, up $0.07 or 0.08% on the day. The session high reached $84.35, while the low extended to $82.40.<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>Technically, crude is settling back below the 50% retracement of the decline from the July high at $83.87. The price traded above that level earlier in the session, but buyers could not sustain the break. In addition, today&#8217;s high at $84.35 fell short of Tuesday&#8217;s high at $84.54. That combination gave sellers the go-ahead to push the price back to the downside.<\/p>\n<p>On further selling, a break below today&#8217;s low near $82.40 would have traders targeting the 38.2% retracement at $81.60. Move below that level, and attention would shift toward the 100-hour moving average at $80.52, followed by the 200-hour moving average at $79.64.<\/p>\n<p>On the topside, buyers need to get the price back above the 50% retracement at $83.87 \u2014 and stay above it \u2014 to regain more control. Buyers took their shots above that level yesterday and again today, but both attempts failed. The rebound from today&#8217;s initial low also stalled right near $83.87 before rotating back to the downside.<\/p>\n<p>For now, $83.87 remains the key technical barometer. Stay below and the sellers retain the short-term advantage; get back above and hold above, and the buyers would have another opportunity to make a run toward the recent highs.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil futures are settling at $83.27, up $0.07 or 0.08% on the day. The session high reached $84.35, while the low extended to $82.40. Technically, crude is settling back below the&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436110","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436110"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436110\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}