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

(VIANEWS) – Crude Oil (CL) has been up by 3.55% for the last 5 sessions. At 02:50 EST on Tuesday, 20 June, Crude Oil (CL) is $70.94.

Volume

Today’s last reported volume for Crude Oil is 4705, 99.99% below its average volume of 17543070028.46.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was 0.52%, 0.04%, and 1.76%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.65% (last week), 1.79% (last month), and 1.76% (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: lot of noise in a well-defined range – 19 June 2023. According to DailyForex on Monday, 19 June, "The Brent Crude Oil market experienced a similar oscillation during Friday’s trading session, approaching the 50-Day EMA. "

More news about Crude Oil (CL).

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