Crude Oil Futures Bullish Momentum With A 3% Jump In The Last 5 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 3.24% for the last 5 sessions. At 13:50 EST on Tuesday, 19 December, Crude Oil (CL) is $72.12.

Volume

Today’s last reported volume for Crude Oil is 1372, 99.99% below its average volume of 14681757738.98.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.48%, a negative 0.12%, and a positive 1.78%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.48% (last week), 1.55% (last month), and 1.78% (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: weekly forecast 17th December – 23rd December – 17 December 2023. According to DailyForex on Sunday, 17 December, "S Treasury yields decline, the price of WTI Crude Oil has not experienced a run higher of any significance. ", "For WTI Crude Oil to suddenly attack and sustain prices above 73.000 USD may prove difficult in the short-term."

More news about Crude Oil (CL).

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