(VIANEWS) – Crude Oil (CL) has been up by 4.29% for the last 10 sessions. At 23:50 EST on Wednesday, 31 May, Crude Oil (CL) is $68.53.
Volume
Today’s last reported volume for Crude Oil is 21740, 99.99% below its average volume of 17543068503.61.
Volatility
Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.56%, a negative 0.28%, and a positive 1.80%, respectively.
Crude Oil’s highest amplitude of average volatility was 1.72% (last week), 1.76% (last month), and 1.80% (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)
- Crude oil forecast: continues to look for direction – 30 May 2023. According to DailyForex on Tuesday, 30 May, "The West Texas Intermediate (WTI) Crude Oil market exhibited a slightly negative tone during Monday’s trading session, but it’s important to note that it was Memorial Day, resulting in limited activity dominated by electronic trading. ", "In conclusion, the WTI Crude Oil market faced some negativity during Monday’s session, while the Brent market initially attempted a rally but turned negative as well. "
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