(VIANEWS) – Crude Oil (CL=f) is currently on bullish momentum. At 05:04 EST on Wednesday, 21 July, Crude Oil (CL=f) is at $68.04 and 1.25% up since the last session’s close.
Today’s last reported volume for Crude Oil is 77194, 100% below its average volume of 53041290358.32.
Crude Oil Range
Concerning Crude Oil’s daily highs and lows, it’s 4.34% up from its trailing 24 hours low of $65.21 and 0.576% up from its trailing 24 hours high of $67.65.
Crude Oil’s last week, last month’s, and last quarter’s current volatility was 0.96%, 0.31%, and 1.07%, respectively.
Crude Oil’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.21% (last week), 1.07% (last month), and 1.07% (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).
Last news about Crude Oil (CL=f)
WTI crude oil forecast: oil bounces from major support level – 19 July 2021. According to DailyForex on Monday, 19 July, "The West Texas Intermediate Crude Oil market fell during the trading session on Friday, reaching down towards the $70 level which is a large, round, psychologically significant level and will attract a lot of attention. "
WTI crude oil forecast: market gets crushed – 20 July 2021. According to DailyForex on Tuesday, 20 July, "The West Texas Intermediate Crude Oil market broke down significantly during the trading session on Monday as OPEC+ came to an agreement to increase crude oil production. "
More news about Crude Oil (CL=f).