Crude Oil Futures Bearish Momentum With A 11% Fall In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 11.92% for the last 21 sessions. At 05:50 EST on Wednesday, 11 September, Crude Oil (CL) is $67.37.

Volume

Today’s last reported volume for Crude Oil is 57614, 99.99% below its average volume of 11919759786.29.

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 finds floor, but concerns over demand outlook weigh. According to FXStreet on Monday, 9 September, "At the time of writing, Crude Oil (WTI) trades at $67.67 and Brent Crude at $71.41"
  • Crude oil eases slightly ahead of OPEC monthly report. According to FXStreet on Tuesday, 10 September, "At the time of writing, Crude Oil (WTI) trades at $67.37 and Brent Crude at $70.95"

More news about Crude Oil (CL).

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