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Crude Oil Futures Bullish By 7% In The Last 21 Sessions

ViaNews Editorial Team

January 29, 2024

Crude Oil Futures Bullish By 7% In The Last 21 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 7.68% for the last 21 sessions. At 07:50 EST on Monday, 29 January, Crude Oil (CL) is $77.94.

Volume

Today's last reported volume for Crude Oil is 86874, 99.99% below its average volume of 14249007496.93.

Volatility

Crude Oil's last week, last month's, and last quarter's current intraday variation average was 1.06%, 0.53%, and 1.55%, respectively.

Crude Oil's highest amplitude of average volatility was 1.59% (last week), 1.43% (last month), and 1.55% (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).

Previous days news about Crude Oil (CL)

  • WTI crude oil weekly forecast: move higher as risk adds to complicated price - 28 January 2024. According to DailyForex on Sunday, 28 January, "The news of the 'successful' attack certainly sent a shock wave through the WTI Crude Oil sector and prices reacted with a fast climb upwards. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Day Traders and the Larger Forces of WTI Crude Oil Speculation"

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.