Crude Oil Futures Bullish Momentum With A 8% Rise In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 8.7% for the last 21 sessions. At 02:50 EST on Thursday, 20 July, Crude Oil (CL) is $75.36.

Volume

Today’s last reported volume for Crude Oil is 166, 99.99% below its average volume of 16690601644.48.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.56%, a positive 0.47%, and a positive 1.64%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.58% (last week), 1.48% (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)

  • Crude oil forecast: crude oil markets experience volatility amidst uncertainty – 18 July 2023. According to DailyForex on Tuesday, 18 July, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});US Crude Oil Technical Outlook"
  • Crude oil forecast: displays volatility amidst global factors – 19 July 2023. According to DailyForex on Wednesday, 19 July, "Both the West Texas Intermediate (WTI) Crude Oil and Brent markets showed signs of indecisiveness, as investors attempted to ascertain the next direction for oil prices.WTI Crude Oil", "In the case of the WTI Crude Oil market, prices experienced a modest rebound during Tuesday’s trading session. "

More news about Crude Oil (CL).

Leave a Reply

Your email address will not be published. Required fields are marked *