(VIANEWS) – Natural Gas (NG) has been up by 5.76% for the last 10 sessions. At 23:54 EST on Tuesday, 25 June, Natural Gas (NG) is $2.72.
Volume
Today’s last reported volume for Natural Gas is 134, 99.99% below its average volume of 3271483135.88.
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 Tuesday, 25 June, "At the time of writing, Crude Oil (WTI) trades at $80.89 and Brent Crude at $84.65."
- Crude oil grinds back into the top end on Monday, WTI clips into $81.50. According to FXStreet on Monday, 24 June, "Crude Oil speculators will be looking for a steeper draw on US Crude Oil supplies as economies head into the summer months, with barrel traders specifically looking for increased fuel demand for cooling and summer travel.", "West Texas Intermediate (WTI) US Crude Oil found a firm bid on Monday, rebounding to the $81.50 region after easing within reach of the $80.00 handle. "
- Crude oil slips back on Tuesday, WTI falls to $80.50 after API reports another surprise buildup. According to FXStreet on Tuesday, 25 June, "The American Petroleum Institute (API) reported a week-on-week buildup of Weekly Crude Oil Stocks for the week ended June 21, chalking in a 900K barrel buildup compared to the expected drawdown of 3 million barrels, adding to the previous week’s buildup of 2.263 million barrels. ", "OPEC+’s gradual phasing out of production caps could see an additional 2.2 million bpd pour into global Crude Oil supplies as OPEC+ member states grow weary of propping up global energy prices at the expense of their government budgets, which rely on Crude Oil sales to balance the books."
More news about Natural Gas (NG).
