Where Are Crude Oil Prices Going?

15 May in Blog, commodity consulting, crude oil futures, futures broker, heating oil futures, Mike Seery, natural gas futures, option broker, seeryfutures.com, unleaded gasoline futures

Crude Oil Futures--- Crude oil futures in the June contract are trading above their 20 and 100 day moving average as I’ve talked about in many previous blogs I’m sitting on the sidelines in this market but I do think prices have topped out around $62 which seems to be major resistance as prices settled last Friday at 59.37 while currently trading at 59.70 up slightly for the trading week.

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