(VIANEWS) – Natural Gas (NG) has been up by 19.74% for the last 21 sessions. At 10:50 EST on Saturday, 6 January, Natural Gas (NG) is $2.91.
Volume
Today’s last reported volume for Natural Gas is 180622, 99.99% below its average volume of 3792450263.06.
Volatility
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 4.29%, a negative 0.16%, and a positive 2.73%, respectively.
Natural Gas’s highest amplitude of average volatility was 4.29% (last week), 3.20% (last month), and 2.73% (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 oversold (<=20).
News about
- According to FXStreet on Friday, 5 January, "Moreover, the Energy Information Administration (EIA) reported that US Crude Oil Stocks Change for the week ending on December 29 declined to 5.503M barrels, more than the forecasted 3.725M barrel decline. ", "However, Crude oil prices received additional support from the Weekly Crude Oil Stock data released by the American Petroleum Institute (API) on Wednesday. "
- According to FXStreet on Thursday, 4 January, "Crude oil prices received additional support from the Weekly Crude Oil Stock data released by the American Petroleum Institute (API) on Wednesday. ", "Moreover, anticipation builds as the Energy Information Administration (EIA) is set to release the US Crude Oil Stocks Change on Thursday."
- WTI crude oil slips back into $72.00 despite middle east tension, US crude stocks decline. According to FXStreet on Thursday, 4 January, "The reality of global Crude Oil supply continues to snub market fears of hypothetical supply crimps as US refined gasoline supplies burgeon. ", "A massive buildup of gasoline products leaves Crude Oil on the low side as global production of fossil fuel products continues to stuff supply pipelines, capping off forward-looking purchasing expectations."
- Crude oil forecast: bounces around – 04 January 2024. According to DailyForex on Thursday, 4 January, "The crude oil market experienced a initial decline during Wednesday’s trading session but rebounded as we await the Johnson number scheduled for Friday.WTI Crude OilWTI Crude Oil initially pulled back slightly on Wednesday, only to find buyers once more.", "WTI Crude Oil navigates a range, with notable support at $68 and resistance at $75. "
More news about Natural Gas (NG).
