Crude Oil Futures Bullish By 16% In The Last 10 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 16.43% for the last 10 sessions. At 14:52 EST on Wednesday, 5 April, Crude Oil (CL) is $80.57.

Volume

Today’s last reported volume for Crude Oil is 231912, 99.99% below its average volume of 18487298915.17.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was 4.12%, 0.24%, and 1.68%, respectively.

Crude Oil’s highest amplitude of average volatility was 4.12% (last week), 2.42% (last month), and 1.68% (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 oversold (<=20).

Previous days news about Crude Oil (CL)

  • Crude oil forecast: gaps higher after the opec+ surprise production cut – 04 April 2023. According to DailyForex on Tuesday, 4 April, "The WTI Crude Oil market is currently facing a significant resistance level at the 200-day EMA. ", "In conclusion, the recent OPEC+ announcement to cut oil production has had a significant impact on the WTI Crude Oil and Brent markets, with both markets gapping higher. "

More news about Crude Oil (CL).

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