CL Crude Oil Posts New YTD High at $118.00

WTI crude (CL) broke above its prior YTD peak of $110.75, reaching $118.00. The move reclaimed the former resistance level and shows continuation of bullish momentum. This 6.5% gain marks the strongest YTD advance for the contract.

• Old YTD high was $110.75 before the recent rally.
• New YTD high reached $118.00, marking a 6.5% increase.
• Price reclaimed prior resistance and shows continuation of upward momentum.