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Crude Oil Futures Went Up By Over 7% In The Last 10 Sessions

Crude Oil Futures Went Up By Over 7% In The Last 10 Sessions
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(VIANEWS) - Crude Oil (CL) has been up by 7.64% for the last 10 sessions. At 17:50 EST on Tuesday, 18 June, Crude Oil (CL) is $81.55.

Volume

Today's last reported volume for Crude Oil is 93149, 99.99% below its average volume of 12684274273.26.

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 higher as hopes of rising demand continue to bolster barrel bids. According to FXStreet on Monday, 17 June, "WTI US Crude Oil climbed back over the 200-day Exponential Moving Average (EMA) at $78.81, tipping into the touch range of the $80.00 handle as it continues an extended recovery from the recent multi-month swing low at $72.45.", "Despite headwinds on multiple fronts, Crude Oil markets are grinding out higher ground to kick off the new trading week as investors expect an uptick in summer fuel demand with a hotter-than-average summer season expected."

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.