Crude Oil Futures Went Up By Over 7% In The Last 10 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 7.64% for the last 10 sessions. At 17:50 EST on Tuesday, 18 June, Crude Oil (CL) is $81.55.

Volume

Today’s last reported volume for Crude Oil is 93149, 99.99% below its average volume of 12684274273.26.

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 higher as hopes of rising demand continue to bolster barrel bids. According to FXStreet on Monday, 17 June, "WTI US Crude Oil climbed back over the 200-day Exponential Moving Average (EMA) at $78.81, tipping into the touch range of the $80.00 handle as it continues an extended recovery from the recent multi-month swing low at $72.45.", "Despite headwinds on multiple fronts, Crude Oil markets are grinding out higher ground to kick off the new trading week as investors expect an uptick in summer fuel demand with a hotter-than-average summer season expected."

More news about Crude Oil (CL).

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