WTI crude oil futures settle $1.10 higher at $48.12

Up 2.34% on the day
Looking at the daily chart, the low for the day stalled just ahead of the 61.8% retracement at $46.04. Pulling that level The buyers more control. The most recent high from Friday's trade reached $49.43. Getting above that level and the $50 level would be more bullish for the contract.