(VIANEWS) – Crude Oil (CL) has been up by 10.34% for the last 21 sessions. At 11:50 EST on Thursday, 27 June, Crude Oil (CL) is $81.67.
Volume
Today’s last reported volume for Crude Oil is 176813, 99.99% below its average volume of 12418765114.98.
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 slips back on Tuesday, WTI falls to $80.50 after API reports another surprise buildup. According to FXStreet on Tuesday, 25 June, "Adding onto this, the Organization of the Petroleum Exporting Countries (OPEC) and its extended network of non-member ally states, OPEC+, are set to begin phasing out voluntary production cuts meant to bolster global Crude Oil prices. ", "The American Petroleum Institute (API) reported a week-on-week buildup of Weekly Crude Oil Stocks for the week ended June 21, chalking in a 900K barrel buildup compared to the expected drawdown of 3 million barrels, adding to the previous week’s buildup of 2.263 million barrels. "
- Crude oil roils on Wednesday after EIA prints another weekly buildup in US crude oil stocks. According to FXStreet on Wednesday, 26 June, "According to the EIA, US Crude Oil Stocks Change piled on an additional 3.591 million barrels of Crude Oil for the week ended June 21, well above the forecast -3 million barrel decline and flooding out the previous week’s -2.547 million barrel drawdown. ", "West Texas Intermediate (WTI) US Crude Oil tumbled back to $80.00 per barrel on Wednesday after the Energy Information Administration (EIA) reported another unexpected increase in week-on-week US Crude Oil Stocks Change, kicking the legs out from beneath barrel traders that were hoping for a net decrease in US Crude Oil supplies."
More news about Crude Oil (CL).
