Natural Gas Futures Over 13% Up In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 13.85% for the last 21 sessions. At 13:50 EST on Saturday, 9 March, Natural Gas (NG) is $1.81.

Volume

Today’s last reported volume for Natural Gas is 127482, 99.99% below its average volume of 3582697957.91.

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, 8 March, "According to the weekly EIA Crude Oil stockpiles report, US commercial crude oil inventories rose by 1.367M barrels per day (bpd) for the week ending March 1 amid recovering refinery runs from 4.199M bpd in the previous week. "
  • WTI hovers around $78.50 after recent gains on US crude oil stocks change. According to FXStreet on Thursday, 7 March, "US Energy Information Administration (EIA) showed that Crude Oil Stocks Change rose for a sixth week in a row, building by 1.367 million barrels against the expected 2.116 million barrels and 4.199 million barrels prior. ", "Additionally, US API Weekly Crude Oil Stock data reported build-in stockpiles of 0.423 million barrels, contrary to market expectations of a decrease to 2.6 million barrels from the previous 8.428 million barrels."

More news about Natural Gas (NG).

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