Crude Oil Futures Is 11% Up In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 11.18% for the last 21 sessions. At 02:52 EST on Tuesday, 9 April, Crude Oil (CL) is $86.55.

Volume

Today’s last reported volume for Crude Oil is 17622, 99.99% below its average volume of 13359372316.25.

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)

  • WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "Certainly there are tensions in the Middle East and they could escalate from here, but the buying within WTI Crude Oil may be getting fueled by growing demand for the commodity and simple speculative conditions. ", "The movement higher in WTI Crude Oil is certainly a fact, but traders should not bet on buying positions blindly."
  • Crude oil forecast: continues to power higher – 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."

More news about Crude Oil (CL).

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