(VIANEWS) – Crude Oil (CL) has been up by 2.45% for the last 5 sessions. At 11:52 EST on Wednesday, 26 June, Crude Oil (CL) is $80.32.
Volume
Today’s last reported volume for Crude Oil is 199720, 99.99% below its average volume of 12514018460.11.
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 grinds back into the top end on Monday, WTI clips into $81.50. According to FXStreet on Monday, 24 June, "Crude Oil speculators will be looking for a steeper draw on US Crude Oil supplies as economies head into the summer months, with barrel traders specifically looking for increased fuel demand for cooling and summer travel.", "Leadership in Israel shrugged off the latest version of a proposed ceasefire between Israeli forces and Palestinian Hamas, keeping Crude Oil markets underpinned as investors continue to bake in the possibility of the ongoing Gaza conflict spilling over into neighboring countries."
- Crude oil slips back on Tuesday, WTI falls to $80.50 after API reports another surprise buildup. According to FXStreet on Tuesday, 25 June, "Near-term price action has halted a bullish advance, keeping WTI US Crude Oil prices pinned on the low side of a supply zone above $81.50. ", "The American Petroleum Institute (API) reported a week-on-week buildup of Weekly Crude Oil Stocks for the week ended June 21, chalking in a 900K barrel buildup compared to the expected drawdown of 3 million barrels, adding to the previous week’s buildup of 2.263 million barrels. "
More news about Crude Oil (CL).
