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

(VIANEWS) – Crude Oil (CL) has been up by 5.62% for the last 10 sessions. At 02:50 EST on Tuesday, 26 March, Crude Oil (CL) is $81.92.

Volume

Today’s last reported volume for Crude Oil is 13878, 99.99% below its average volume of 13483578325.69.

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 weekly forecast: after touching highs a slight reversal lower – 24 March 2024. According to DailyForex on Sunday, 24 March, "This past Friday WTI Crude Oil did manage to climb from its lows seen earlier in the day and trade above the 81.000 level, but as the weekend approached selling did seem to weigh upon the commodity.", "The 80.000 USD support level in WTI Crude Oil likely needs to prove durable, this for day traders who remain with a bullish outlook and want to continue pursuing upwards momentum taking into account the trading results demonstrated the past couple of weeks."

More news about Crude Oil (CL).

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