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Crude Oil Futures Over 9% Down In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 9.02% for the last 21 sessions. At 20:50 EST on Tuesday, 3 September, Crude Oil (CL) is $70.04.

Volume

Today’s last reported volume for Crude Oil is 4689, 99.99% below its average volume of 12018540856.06.

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 trying to hold steady at the low end of near-term chop. According to FXStreet on Monday, 2 September, "Libya announced a halt of Crude Oil exports out of the country on Monday as political sections grapple over who controls Libya’s Crude Oil balance sheets while the Organization for the Petroleum Exporting Countries (OPEC) is expected to ease restrictions on member state production caps, and slowing activity figures in China are weighing on Crude Oil demand expectations.", "West Texas Intermediate (WTI) US Crude Oil held roughly on-balance to kick off the new trading week, finding a foothold and keeping intraday action on the north side of $73.00 per barrel. "

More news about Crude Oil (CL).

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