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Crude Oil Futures Drops By 12% In The Last 21 Sessions

ViaNews Editorial Team

September 5, 2024

Crude Oil Futures Drops By 12% In The Last 21 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 12.65% for the last 21 sessions. At 02:50 EST on Thursday, 5 September, Crude Oil (CL) is $69.47.

Volume

Today's last reported volume for Crude Oil is 17367, 99.99% below its average volume of 11919759571.56.

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 snaps below $70 as opec, libya flood supply side. According to FXStreet on Wednesday, 4 September, "At the time of writing, Crude Oil (WTI) trades at $70.40 and Brent Crude at $74.11"

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.

Crude Oil Futures Drops By 12% In The Last 21 Sessions | Via News