The price of oil fills the price gap from November as it climbs to a fresh monthly high ($83.10), and a move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by higher crude prices like the behavior seen during the previous year. Oil Price Eyes 2021 High as RSI Pushed Toward Overbought Territory: The price of oil trades extends the advance from earlier this week following a larger-than-expected decline in US inventories, and crude appears to be on track to test the 2021 high ($85.41) as it clears the opening range for January. Current market conditions may keep the price of oil afloat over ... (full story)