Natural Gas Futures Drops By 15% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 15.47% for the last 21 sessions. At 17:54 EST on Friday, 2 August, Natural Gas (NG) is $1.98.

Volume

Today’s last reported volume for Natural Gas is 139841, 99.99% below its average volume of 3153624157.31.

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, 31 July, "Meanwhile, the US Dollar (USD) extends the overnight pullback from a three-week peak amid dovish Federal Reserve (Fed) expectations and further benefits Crude Oil prices."
  • According to FXStreet on Wednesday, 31 July, "The US Energy Information Administration (EIA) will report the Crude Oil Stocks Change later in the North American session. "
  • Crude oil lurches higher amid US inventory draws, fresh middle east tensions. According to FXStreet on Wednesday, 31 July, "Elsewhere, Crude Oil risk aversion took a step higher on Wednesday following confirmation that the leader of Iranian Hezbollah’s air force was assassinated this week. ", "An escalation of involvement in the Gaza conflict would see shockwaves through global Crude Oil markets."

More news about Natural Gas (NG).

Leave a Reply

Your email address will not be published. Required fields are marked *