(VIANEWS) – Natural Gas (NG) has been up by 9.8% for the last 10 sessions. At 14:50 EST on Wednesday, 13 March, Natural Gas (NG) is $1.66.
Volume
Today’s last reported volume for Natural Gas is 140992, 99.99% below its average volume of 3524221741.46.
Volatility
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.89%, a negative 0.47%, and a positive 3.46%, respectively.
Natural Gas’s highest amplitude of average volatility was 4.77% (last week), 5.08% (last month), and 3.46% (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 Wednesday, 13 March, "Moreover, API Weekly Crude Oil Stock surprisingly fell in the week ending on March 8, with a decline of 5.521 million barrels, compared to an expected increase of 0.4 million barrels and the previous 0.423 million barrels. "
- Crude oil staggers on Tuesday as bullish momentum gets cut short by EIA forecast shift. According to FXStreet on Tuesday, 12 March, "US Crude Oil is trading back from last week’s peak bids near $80.25, and WTI set a fresh near-term low on Monday around $76.50.", "The EIA upped its forecast on Brent Crude Oil prices to average $87.00 per barrel, up over 5% from the previous month’s forecast of $82 per barrel. "
- According to FXStreet on Wednesday, 13 March, "This, along with the risk of potential supply shock stemming from conflicts in the Middle East, continues to act as a tailwind for Crude Oil prices.", "Market participants now look to the official US inventory data due later this Wednesday, which, along with the USD price dynamics, should provide some impetus to Crude Oil prices."
More news about Natural Gas (NG).
