Crude Oil Futures Bullish By 3% In The Last 10 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 3.54% for the last 10 sessions. At 13:50 EST on Tuesday, 28 November, Crude Oil (CL) is $75.73.

Volume

Today’s last reported volume for Crude Oil is 31348, 99.99% below its average volume of 15002388418.77.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.10%, a negative 0.54%, and a positive 1.64%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.14% (last week), 1.67% (last month), and 1.64% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Crude Oil’s commodity is considered to be overbought (>=80).

Previous days news about Crude Oil (CL)

  • TI crude oil: weekly forecast 26th November – 2nd December – 26 November 2023. According to DailyForex on Sunday, 26 November, "The cash price of WTI Crude Oil went into the weekend near the 75.561 USD ratio, this as light holiday trading certainly brought upon minimal volume. ", "Last week’s trading produced a rather tight range; neither the high or low in WTI Crude Oil seriously challenged the previous week’s wide value realms. "
  • Crude oil forecast: looks for support – 27 November 2023. According to DailyForex on Monday, 27 November, "The WTI Crude Oil market initially dipped during the session, touching the $75 level before rebounding, a sign of emerging strength. ", "Exploring Prospects and Challenges in the Crude Oil MarketLong-term charts indicate that we are at the lower end of a larger consolidation area, aligning with the current market behavior."

More news about Crude Oil (CL).

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