(VIANEWS) – Natural Gas (NG) has been up by 17.95% for the last 21 sessions. At 05:53 EST on Wednesday, 5 June, Natural Gas (NG) is $2.64.
Volume
Today’s last reported volume for Natural Gas is 10165, 99.99% below its average volume of 3318408449.63.
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 Monday, 3 June, "At the time of writing, Crude Oil (WTI) trades at $76.95 and Brent Crude at $81.20."
- Crude oil extends declines after opec+ disappoints barrel traders, WTI tests $74. According to FXStreet on Monday, 3 June, "OPEC+ stipulated that ending production limits will be data-dependent heading closer to October, but energy traders promptly sold off Crude Oil as barrels slated for year-end delivery become an unappealing bet.", "OPEC+ has been participating in voluntary Crude Oil production cuts that have kept 2.2 million barrels per day off the markets in an attempt to bolster global barrel prices in the face of global Crude Oil output that has grown to outpace demand. "
- Crude oil extends declines as markets balk at opec+ plans to end production cuts. According to FXStreet on Tuesday, 4 June, "OPEC+ member states, many of whom rely on Crude Oil production in order to balance their government budgets, have grown weary of carrying supply constraints championed by OPEC.", "WTI tumbled to fresh multi-month lows near $72.50 on Tuesday, and US Crude Oil is grappling with chart territory south of $74.00 per barrel. "
More news about Natural Gas (NG).
