WTI Crude Oil Settles Back Near $22
![trading oil](https://www.orbex.com/blog/wp-content/uploads/2020/03/WTI-2403-750x430.png)
Crude oil prices are modestly weaker, down over 5% on the day.
This comes as price action is back to testing the support level of 22.00.
Given that this is a key price level, a break down lower could trigger further losses.
However, oil price action is looking to be at a critical point. The bias remains a bit mixed at this point.