Crude Oil Futures Over 5% Down In The Last 10 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 5% for the last 10 sessions. At 11:50 EST on Thursday, 25 July, Crude Oil (CL) is $77.91.

Volume

Today’s last reported volume for Crude Oil is 295772, 99.99% below its average volume of 12278575516.57.

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 struggles to recover footing on Tuesday despite API barrel count contraction. According to FXStreet on Tuesday, 23 July, "With hopes of a broad recovery in Chinese fuel demand going up in smoke, markets are finding little reason to keep supporting Crude Oil prices as geopolitical tensions in the Middle East continue to sizzle with no foreseeable impact after months of concerns about a possible crimp in global Crude Oil production.", "West Texas Intermediate (WTI) briefly fell below $77.00 per barrel on Tuesday before a meager recovery that left US Crude Oil markets grappling with a fresh bout of broad-market bearishness."

More news about Crude Oil (CL).

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