(VIANEWS) – Palladium (PA) has been up by 7.57% for the last 10 sessions. At 23:52 EST on Thursday, 30 May, Palladium (PA) is $953.00.
Volume
Today’s last reported volume for Palladium is 116, 99.99% below its average volume of 3409503306.74.
Volatility
Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 0.87%, 0.39%, and 1.89%, respectively.
Palladium’s highest amplitude of average volatility was 2.22% (last week), 1.50% (last month), and 1.89% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palladium’s commodity is considered to be oversold (<=20).
News about
- Crude oil falls back despite supply declines ahead of anticipated opec+ meeting. According to FXStreet on Thursday, 30 May, "However, despite the sharp pulldown in Crude Oil supplies, energy traders were knocked back after the EIA reported that refinery-held Crude Oil rose 601,000 per day, notching in the highest level of held refinery crude since December of 2019. ", "According to three unnamed sources, OPEC+ is considering extending some Crude Oil output cuts into 2025, on top of an extension of current voluntary production cuts into Q3 or Q4 of 2024. "
- Crude oil eases back on Wednesday, WTI falls back below $79 per barrel. According to FXStreet on Wednesday, 29 May, "US Crude Oil production, meanwhile, continues to threaten to swamp out demand, and barrel traders are looking ahead to US Crude Oil barrel counts due this week.", "West Texas Intermediate (WTI) US Crude Oil fell back on Wednesday, trimming recent gains and snapping a three-day bullish streak and falling back below $80.00 per barrel. "
- According to FXStreet on Thursday, 30 May, "At the time of writing, Crude Oil (WTI) trades at $78.32 and Brent Crude at $82.64"
- According to FXStreet on Thursday, 30 May, "In the previous week, the API Weekly Crude Oil Stock indicated a decrease of 6.49 million barrels, contrasting with the 2.48 million barrels added in the week prior."
More news about Palladium (PA).
