(VIANEWS) – Crude Oil (CL) has been up by 4.5% for the last 10 sessions. At 16:50 EST on Tuesday, 5 December, Crude Oil (CL) is $72.93.
Volume
Today’s last reported volume for Crude Oil is 60740, 99.99% below its average volume of 14848783857.53.
Volatility
Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.62%, a negative 0.40%, and a positive 1.66%, respectively.
Crude Oil’s highest amplitude of average volatility was 1.87% (last week), 1.72% (last month), and 1.66% (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: weekly forecast 3rd December – 9th December – 03 December 2023. According to DailyForex on Sunday, 3 December, "Speculative conditions in WTI Crude Oil certainly played into the volatility produced last week. ", "Perhaps on the belief OPEC would pursue this type of rhetoric, WTI Crude Oil climbed early in the week, but that is only a speculative consideration. "
- Crude oil forecast: looks rangebound – 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday’s trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "
More news about Crude Oil (CL).
