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

Crude Oil Futures Rises By 4% In The Last 5 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 4.56% for the last 5 sessions. At 14:50 EST on Tuesday, 11 June, Crude Oil (CL) is $77.89.

Volume

Today's last reported volume for Crude Oil is 268137, 99.99% below its average volume of 12771152188.7.

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 extends recovery on renewed supply hopes, WTI breaches $77.50. According to FXStreet on Monday, 10 June, "The API dishes out their latest Weekly Crude Oil Stocks for the week ended July 7 on Tuesday, followed by the EIA's Crude Oil Stocks Change for the same period on Wednesday.", "West Texas Intermediate (WTI) US Crude Oil continued a determined recovery to kick off the trading week, with WTI bids crossing $77.50 per barrel and setting a fresh June high as energy traders pile back into fresh bullish bets of a flood of demand sopping up oversupplied Crude Oil markets."

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.