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Crude Oil Futures Drops By 12% In The Last 21 Sessions

ViaNews Editorial Team

September 5, 2024

Crude Oil Futures Drops By 12% In The Last 21 Sessions

(VIANEWS) - Crude Oil (CL) has been up by 12.65% for the last 21 sessions. At 02:50 EST on Thursday, 5 September, Crude Oil (CL) is $69.47.

Volume

Today's last reported volume for Crude Oil is 17367, 99.99% below its average volume of 11919759571.56.

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 snaps below $70 as opec, libya flood supply side. According to FXStreet on Wednesday, 4 September, "At the time of writing, Crude Oil (WTI) trades at $70.40 and Brent Crude at $74.11"

More news about Crude Oil (CL).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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