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

ViaNews Editorial Team

September 11, 2024

Crude Oil Futures Bearish Momentum With A 11% Fall In The Last 21 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 11.92% for the last 21 sessions. At 05:50 EST on Wednesday, 11 September, Crude Oil (CL) is $67.37.

Volume

Today's last reported volume for Crude Oil is 57614, 99.99% below its average volume of 11919759786.29.

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 finds floor, but concerns over demand outlook weigh. According to FXStreet on Monday, 9 September, "At the time of writing, Crude Oil (WTI) trades at $67.67 and Brent Crude at $71.41"
  • Crude oil eases slightly ahead of OPEC monthly report. According to FXStreet on Tuesday, 10 September, "At the time of writing, Crude Oil (WTI) trades at $67.37 and Brent Crude at $70.95"

More news about Crude Oil (CL).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.