Forex News Crude oil futures settle at $48.66 /bbl Posted on 16.05.2017 by Greg Michalowski Down -$0.19 or 0.39% The price of crude oil futures are settling at $48.66/bbl. That is down -$0.19 or -0.39%. The high extended to $49.38. The low to $48.50. The price is closing back below the 50% of the recent range at $48.76.