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Crude Oil Futures Jumps By 4% In The Last 5 Sessions

ViaNews Editorial Team

September 17, 2024

Crude Oil Futures Jumps By 4% In The Last 5 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 4.62% for the last 5 sessions. At 02:52 EST on Tuesday, 17 September, Crude Oil (CL) is $70.67.

Volume

Today's last reported volume for Crude Oil is 9606, 99.99% below its average volume of 11963462165.58.

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 dips after soft Chinese data adds more downside pressure. According to FXStreet on Monday, 16 September, "At the time of writing, Crude Oil (WTI) trades at $68.45 and Brent Crude at $71.82.", "Traders would stem a bigger rate cut as supportive of growth and demand, supporting Crude Oil prices."

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.