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Crude Oil Futures Bullish By 3% In The Last 5 Sessions

Crude Oil Futures Bullish By 3% In The Last 5 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 3.29% for the last 5 sessions. At 11:50 EST on Tuesday, 28 May, Crude Oil (CL) is $79.69.

Volume

Today's last reported volume for Crude Oil is 204748, 99.99% below its average volume of 12910103027.27.

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 stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "West Texas Intermediate (WTI) US Crude Oil continued to gain on Monday, climbing above $78.50 per barrel. ", "US Crude Oil rebounded on Monday, extending a near-term rebound from the $76.00 handle, however, bullish momentum faces immediate technical resistance at the $80.00 price level. "

More news about Crude Oil (CL).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.