CL 7D low market structure screenshot
CL / 7D low update Sep 29, 22:08

CL Hits New 7‑Day Low at $88.54, Signaling Continued Bearish Pressure

Crude oil slipped to a fresh 7‑day low of $88.538, down 0.17% from the prior 7‑day high of $88.69. The move continues the bearish bias, keeping prices above the 30‑day level of $84.09 but far from YTD support near $67.07. Traders watch for a potential reclaim of the 7‑day high or further continuation lower.

Old 7D low
88.69
New 7D low
88.538
Move
0.17%
30D / YTD
84.094 / 67.071
What changed
  • New 7‑day low set at $88.538, breaking the prior 7‑day high of $88.69.
  • Price remains ~5% above the 30‑day level ($84.09) and well above YTD support ($67.07).
  • Market shows continuation of bearish pressure; watch for a reclaim of the 7‑day high or further downside.