Crude Oil Futures Jumps By 4% In The Last 5 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 4.62% for the last 5 sessions. At 02:52 EST on Tuesday, 17 September, Crude Oil (CL) is $70.67.

Volume

Today’s last reported volume for Crude Oil is 9606, 99.99% below its average volume of 11963462165.58.

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 dips after soft Chinese data adds more downside pressure. According to FXStreet on Monday, 16 September, "At the time of writing, Crude Oil (WTI) trades at $68.45 and Brent Crude at $71.82.", "Traders would stem a bigger rate cut as supportive of growth and demand, supporting Crude Oil prices."

More news about Crude Oil (CL).

Leave a Reply

Your email address will not be published. Required fields are marked *