Crude Oil Futures Bullish By 12% In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 12.5% for the last 21 sessions. At 02:50 EST on Friday, 28 June, Crude Oil (CL) is $82.27.

Volume

Today’s last reported volume for Crude Oil is 13491, 99.99% below its average volume of 12359964839.72.

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 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).

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