Crude Oil Futures Bearish Momentum With A 9% Slide In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 9.33% for the last 21 sessions. At 13:50 EST on Monday, 27 November, Crude Oil (CL) is $74.80.

Volume

Today’s last reported volume for Crude Oil is 42036, 99.99% below its average volume of 15141620818.69.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.08%, a negative 0.56%, and a positive 1.64%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.17% (last week), 1.74% (last month), and 1.64% (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)

  • TI crude oil: weekly forecast 26th November – 2nd December – 26 November 2023. According to DailyForex on Sunday, 26 November, "The high for Crude Oil last week was near 78.415 which occurred last Monday, the low for the commodity was on Wednesday when a price of 73.810 was briefly challenged. ", "Demand is certainly still in question as recessions shadow major economies, but as risk appetite appears to be showing a potential of growing speculators in WTI Crude Oil may believe the upside lurks."

More news about Crude Oil (CL).

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