Pre. Settlement | N/A |
Settlement date | 2021-01-20 |
Open | 53.80 |
Bid | 52.04 |
Last price | 53.57 |
Day's range | 51.83 - 53.83 |
Volume | 149,492 |
Ask | 52.09 |
The direction of the March WTI crude oil futures contract into the close will be determined by trader reaction to $52.92.
Production is expected to decline in 2021
While oil prices fell back on Friday morning due to demand concerns, OPEC admitted that U.S. shale production will likely rebound if oil prices stay at currently levels