(VIANEWS) – Crude Oil (CL) has been up by 3.01% for the last 5 sessions. At 11:53 EST on Friday, 24 May, Crude Oil (CL) is $77.54.
Volume
Today’s last reported volume for Crude Oil is 196063, 99.99% below its average volume of 12721359404.09.
Volatility
Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was 0.83%, 0.47%, and 1.51%, respectively.
Crude Oil’s highest amplitude of average volatility was 1.44% (last week), 1.39% (last month), and 1.51% (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 recedes further, WTI falls below $78 on rising supplies and cautious FOMC. According to FXStreet on Wednesday, 22 May, "West Texas Intermediate (WTI) US Crude Oil declined for a third straight day on Wednesday, falling below $78.00 per barrel once again after US Crude Oil barrel counts rose week-on-week after a previous decline. ", "WTI US Crude Oil is testing down into $77.00 per barrel, extending a near-term decline from a recent peak just above $80.00 per barrel. "
- Crude oil backslides into the red on Thursday, WTI falls below $77 as diminishing rate cut hopes weigh. According to FXStreet on Thursday, 23 May, "US Crude Oil has fallen to its lowest bids in over a week, knocking into $76.50 after backsliding through the $77.00 handle.", "EIA Crude Oil Stocks change also climbed over the same weekly period, adding 1.825 million barrels and snubbing the forecast -3.1 million drawdown. "
More news about Crude Oil (CL).
