Crude Oil Futures Bearish Momentum With A 11% Drop In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 11.72% for the last 21 sessions. At 02:51 EST on Thursday, 16 March, Crude Oil (CL) is $68.11.


Today’s last reported volume for Crude Oil is 25731, 99.99% below its average volume of 18834097285.02.


Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.92%, a negative 0.51%, and a positive 1.53%, respectively.

Crude Oil’s highest amplitude of average volatility was 2.85% (last week), 1.66% (last month), and 1.53% (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 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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