(VIANEWS) – Crude Oil (CL) has been up by 5.35% for the last 10 sessions. At 08:50 EST on Sunday, 23 June, Crude Oil (CL) is $82.34.
Volume
Today’s last reported volume for Crude Oil is 271228, 99.99% below its average volume of 12771153688.77.
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 backs away from fresh highs on EIA natural gas buildup. According to FXStreet on Friday, 21 June, "With natural gas reserves filling up ahead of peak summertime cooling demand, Crude Oil is less likely to see meaningful increases in demand, trimming hopes of a steeper drawdown during the summer.", "With the Federal Reserve (Fed) unlikely to get forced into an accelerated pace of rate cuts in 2024, Crude Oil markets are second-guessing near-term bullishness as investors lean deeply into rate trim hopes to ease lending and financing costs."
More news about Crude Oil (CL).
