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Natural Gas Futures Over 14% Up In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 14.82% for the last 21 sessions. At 23:53 EST on Wednesday, 4 October, Natural Gas (NG) is $3.00.

Volume

Today’s last reported volume for Natural Gas is 2266, 99.99% below its average volume of 4048430446.1.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.21%, a positive 0.44%, and a positive 2.38%, respectively.

Natural Gas’s highest amplitude of average volatility was 2.06% (last week), 2.18% (last month), and 2.38% (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 oversold (<=20).

News about

  • According to FXStreet on Tuesday, 3 October, "Oil-dependent CAD is catching only minor support from Crude Oil prices, which are seeing a minor rebound after halting a three-day decline."
  • Crude oil forecast: markets face hesitation amid production cuts – 03 October 2023. According to DailyForex on Tuesday, 3 October, "The West Texas Intermediate Crude Oil market tried to rally on Monday but couldn’t sustain its gains, similar to Friday’s performance. "
  • According to FXStreet on Wednesday, 4 October, "The weekly inventory data published by the American Petroleum Institute (API) on Tuesday showed that US Crude Oil stockpiles possibly fell as much as 4.0 million barrels last week. ", "West Texas Intermediary (WTI) Crude Oil prices struggle to capitalize on the overnight bounce from a three-week low - levels just below the $87.00/barrel mark and edges lower during the Asian session on Wednesday. "
  • According to FXStreet on Tuesday, 3 October, " Oil traders will keep an eye on the US JOLTS Job Openings and the weekly Crude Oil Stock from API and EIA for the week ending of September 29 due on Tuesday. "

More news about Natural Gas (NG).

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