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Crude Oil Futures Bullish By 2% In The Last 5 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 2.4% for the last 5 sessions. At 04:52 EST on Tuesday, 14 February, Crude Oil (CL) is $79.36.

Volume

Today’s last reported volume for Crude Oil is 31877, 99.99% below its average volume of 19393791570.02.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was 1.09%, 0.20%, and 1.64%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.44% (last week), 1.43% (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 oversold (<=20).

Previous days news about Crude Oil (CL)

  • WTI crude oil forecast: range between $75 and $82.50 likely to hold for now, shorts possible near $80 – 13 February 2023. According to DailyForex on Monday, 13 February, "On the other hand, if we do turn around and breakout above the $82.50 level, then it’s possible that the West Texas Intermediate Crude Oil market is looking to the 200-Day EMA. "

More news about Crude Oil (CL).

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