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Natural Gas Futures Rises By 17% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 17.85% for the last 21 sessions. At 05:50 EST on Sunday, 15 October, Natural Gas (NG) is $3.21.

Volume

Today’s last reported volume for Natural Gas is 124989, 99.99% below its average volume of 4099677215.38.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was 0.77%, 0.96%, and 2.40%, respectively.

Natural Gas’s highest amplitude of average volatility was 0.77% (last week), 2.29% (last month), and 2.40% (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 FXStreet on Friday, 13 October, "West Texas Intermediary (WTI) Crude Oil prices struggle to gain any meaningful traction on Friday and oscillate in a narrow band, around mid-$82.00s through the Asian session. ", "This, along with a forecast that global inventories will decline through the fourth quarter, continues to lend some support to Crude Oil prices."
  • According to FXStreet on Friday, 13 October, "A modest uptick in Crude Oil prices is seen underpinning the commodity-linked Loonie, which, along with a mildly softer tone surrounding the US Dollar (USD) acts as a headwind for the USD/CAD pair. ", "Apart from this, receding fears about potential supply disruptions due to the Israel-Palestinian conflict should cap the upside for Crude Oil prices on the back of worries that a global economic slowdown will dent fuel demand. "

More news about Natural Gas (NG).

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