Crude oil futures settle up $0.22 at $88.90
Crude oil futures closed higher by $0.20 at $88.90, despite a volatile trading day.
The price traded as high as $92.52 before reversing sharply lower to $87.11.
The technical bias remains to the downside, with the price below both the 100-hour and 200-hour moving averages, and the overall chart structure showing a pattern of lower highs.