(VIANEWS) – Natural Gas (NG) has been up by 8.4% for the last 21 sessions. At 02:50 EST on Wednesday, 1 May, Natural Gas (NG) is $1.94.
Volume
Today’s last reported volume for Natural Gas is 4190, 99.99% below its average volume of 3405639383.7.
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).
Previous days news about Natural Gas (NG)
- Natural gas steady in the green above $2 despite bearish forces emerging. According to FXStreet on Monday, 29 April, "Adding to this, more supply is likely coming online as the US Freeport Liquified Natural Gas (LNG) plant overcomes some of its technical problems, which have weighed on production for the last few months."
News about
- Crude oil slumps on risk aversion, WTI tests $81 per barrel. According to FXStreet on Tuesday, 30 April, "According to API data, US Crude Oil stocks through the week ended April 26th are up 6.514 million barrels for the month of April.", "West Texas Intermediate (WTI) US Crude Oil fell on Tuesday, declining to $81.00 per barrel as investors pulled out of riskier assets and into safe havens like the US Dollar (USD) following an unexpected uptick in wages data, implying inflation will continue to eat away at chances for a near-term rate cut from the Federal Reserve."
- According to FXStreet on Monday, 29 April, "The hawkish outlook, meanwhile, remains supportive of the underlying bullish tone around the US Dollar (USD) and might continue to weigh on Crude Oil prices.", "This comes after Russia announced more export and production cuts earlier this year, which, along with little signs of de-escalation of tensions in the Middle East, keep supply risks in play and should help limit any meaningful downside for Crude Oil prices."
More news about Natural Gas (NG).
