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Natural Gas Futures Over 16% Up In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 16.52% for the last 21 sessions. At 05:52 EST on Sunday, 2 June, Natural Gas (NG) is $2.58.

Volume

Today’s last reported volume for Natural Gas is 124893, 99.99% below its average volume of 3366700288.23.

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 Friday, 31 May, "At the time of writing, Crude Oil (WTI) trades at $77.77and Brent Crude at $81.93"
  • Crude oil stumbles amidst energy market jitters, WTI falls into a second month of losses. According to FXStreet on Friday, 31 May, "The Organization of the Petroleum Exporting Countries (OPEC) and its extended network of non-member ally states, OPEC+, are due to meet on Sunday to discuss the oil cartel’s voluntary output restrictions put in place in 2023 to support global Crude Oil prices. ", "WTI is set to end a second straight down month as energy traders remain concerned that global demand will be unable to avoid getting swamped out by US Crude Oil production."

More news about Natural Gas (NG).

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