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Crude Oil Futures Went Up By Over 2% In The Last 5 Sessions

Crude Oil Futures Went Up By Over 2% In The Last 5 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 2.39% for the last 5 sessions. At 02:50 EST on Friday, 5 July, Crude Oil (CL) is $83.69.

Volume

Today's last reported volume for Crude Oil is 96469, 99.99% below its average volume of 12371680293.64.

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 rallies after sharp drawdown in EIA supplies, WTI reclaims $83. According to FXStreet on Wednesday, 3 July, "The Energy Information Administration (EIA) posted a much larger week-on-week drawdown in US Crude Oil reserves, sparking a risk rally despite an initial plunge following worse-than-expected economic figures from the US.", "After a bullish breakout from a rough near-term consolidation phase, WTI is leaning steeper into a bull run, but momentum remains thin and could see Crude Oil backslide into the 200-day EMA rising above the $74.00 handle."

More news about Crude Oil (CL).

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