Natural Gas Futures Is 9% Down In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 9.11% for the last 10 sessions. At 10:51 EST on Tuesday, 28 November, Natural Gas (NG) is $2.78.


Today’s last reported volume for Natural Gas is 61, 99.99% below its average volume of 3902106667.51.


Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.23%, a negative 0.21%, and a positive 2.62%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.55% (last week), 2.86% (last month), and 2.62% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Natural Gas’s commodity is considered to be overbought (>=80).

News about

  • According to DailyForex on Sunday, 26 November, "The West Texas Intermediate Crude Oil market has been all over the place during the course of the trading week, as we continue to look at the $75 level as a major support level. "
  • According to FXStreet on Monday, 27 November, "The US Crude Oil benchmark, also known as Western Texas Intermediate (WTI), dropped 0.20% on Monday due to a delay of the Organization of Petroleum Exporting Countries and its allies (OPEC+) reunion, as members disagreed on production targets. ", "The International Energy Agency (IEA) announced it expects a slight surplus in Crude Oil production in 2024, even if OPEC+ nations extend their cuts into next year. "
  • Crude oil forecast: looks for support – 27 November 2023. According to DailyForex on Monday, 27 November, "The WTI Crude Oil market initially dipped during the session, touching the $75 level before rebounding, a sign of emerging strength. ", "Exploring Prospects and Challenges in the Crude Oil MarketLong-term charts indicate that we are at the lower end of a larger consolidation area, aligning with the current market behavior."

More news about Natural Gas (NG).

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