(VIANEWS) – Crude Oil (CL) is currently on bearish momentum. At 05:50 EST on Wednesday, 15 June, Crude Oil (CL) is at $117.51 and 1.19% down since the last session’s close.

Volume

Today’s last reported volume for Crude Oil is 51072, 99.99% below its average volume of 27535810981.91.

Crude Oil Range

Regarding Crude Oil’s daily highs and lows, it’s 0.601% down from its trailing 24 hours low of $118.22 and 1.558% down from its trailing 24 hours high of $119.37.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.78%, a positive 0.32%, and a positive 2.42%, respectively.

Crude Oil’s highest amplitude of average volatility was 0.92% (last week), 1.51% (last month), and 2.42% (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 oversold (<=20).

Last news about Crude Oil (CL)

  • WTI crude oil forecast: price pulls back – 13 June 2022. According to DailyForex on Monday, 13 June, "The West Texas Intermediate Crude Oil market pulled back a bit Friday, perhaps in reaction to being a little overstretched, or perhaps due to inflation numbers. "
  • WTI crude oil forecast: continues to be volatile – 14 June 2022. According to DailyForex on Tuesday, 14 June, "The West Texas Intermediate Crude Oil market has had a very volatile trading session, dipping down to the $117 region, before turning around and showing signs of life near the $120 level. "

More news about Crude Oil (CL).

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