Crude Oil Futures Bearish Momentum With A 7% Slide In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 7.82% for the last 21 sessions. At 11:50 EST on Friday, 3 May, Crude Oil (CL) is $78.56.

Volume

Today’s last reported volume for Crude Oil is 192279, 99.99% below its average volume of 12846567897.96.

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 recedes post-fed, WTI tumbles below $80. According to FXStreet on Wednesday, 1 May, "This week’s EIA print represents the highest WoW Crude Oil buildup since the week ended February 9. ", "With most global markets focused on the Fed’s latest rate call, the Energy Information Administration (EIA) printed its latest week-on-week barrel counts for US Crude Oil supply. "

More news about Crude Oil (CL).

Leave a Reply

Your email address will not be published. Required fields are marked *