Crude Oil Futures Over 7% Down In The Last 10 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 7.76% for the last 10 sessions. At 20:51 EST on Tuesday, 14 March, Crude Oil (CL) is $71.92.

Volume

Today’s last reported volume for Crude Oil is 6653, 99.99% below its average volume of 19109850384.23.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.67%, a negative 0.25%, and a positive 1.46%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.60% (last week), 1.40% (last month), and 1.46% (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 forecast: crude oil continues to trade in a range – 13 March 2023. According to DailyForex on Monday, 13 March, "However, as soon as the market breaks out of the trading range for either WTI Crude Oil or Brent, we could see a significant $10 move rather quickly.", "The WTI Crude Oil and Brent markets are experiencing uncertainty around demand, leading to a range-bound market for short-term moves. "
  • Crude oil forecast: crude oil tests the bottom of its range – 14 March 2023. According to DailyForex on Tuesday, 14 March, "The West Texas Intermediate (WTI) Crude Oil market has been struggling as of late, with concerns mounting about the demand for oil in the current economic climate. "

More news about Crude Oil (CL).

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