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

(VIANEWS) – Crude Oil (CL) has been up by 5.83% for the last 5 sessions. At 02:50 EST on Wednesday, 2 October, Crude Oil (CL) is $71.01.

Volume

Today’s last reported volume for Crude Oil is 24354, 99.99% below its average volume of 11748102969.84.

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 edges lower despite intensified attacks on Lebanon. According to FXStreet on Monday, 30 September, "At the time of writing, Crude Oil (WTI) trades at $67.78and Brent Crude at $71.07."
  • Crude oil nosedives, shrugging off Israeli ground incursion into Lebanon. According to FXStreet on Tuesday, 1 October, "At the time of writing, Crude Oil (WTI) trades at $67.44 and Brent Crude at $71.15."

More news about Crude Oil (CL).

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