(VIANEWS) – Natural Gas (NG) has been up by 9.91% for the last 21 sessions. At 11:51 EST on Thursday, 17 October, Natural Gas (NG) is $2.37.
Volume
Today’s last reported volume for Natural Gas is 73712, 99.99% below its average volume of 3007222985.33.
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
- Crude oil nosedives after IEA says oversupply still continues. According to FXStreet on Tuesday, 15 October, "At the time of writing, Crude Oil (WTI) trades at $70.12 and Brent Crude at $74.09", "There is a challenging path to recovery if Crude Oil wants to get back to $75.00. "
- According to FXStreet on Wednesday, 16 October, "Furthermore, a bearish sentiment around Crude Oil prices, led by easing fears of supply disruptions from the Middle East, could undermine the commodity-linked Loonie. ", "Apart from this, the USD and Crude Oil price dynamics should provide some impetus to the currency pair."
- According to FXStreet on Tuesday, 15 October, "On Monday, Crude Oil prices dropped nearly 5% following the release of the OPEC Monthly Market Report, which revised its global Oil demand growth outlook for 2024 and 2025. "
More news about Natural Gas (NG).
