Natural Gas Futures Is 16% Up In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 16.52% for the last 21 sessions. At 23:52 EST on Friday, 31 May, Natural Gas (NG) is $2.58.

Volume

Today’s last reported volume for Natural Gas is 124893, 99.99% below its average volume of 3366700288.23.

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 Thursday, 30 May, "In the previous week, the API Weekly Crude Oil Stock indicated a decrease of 6.49 million barrels, contrasting with the 2.48 million barrels added in the week prior."
  • According to FXStreet on Thursday, 30 May, "At the time of writing, Crude Oil (WTI) trades at $78.32 and Brent Crude at $82.64"
  • Crude oil falls back despite supply declines ahead of anticipated opec+ meeting. According to FXStreet on Thursday, 30 May, "West Texas Intermediate (WTI) US Crude Oil backslid on Thursday, with energy markets shrugging off a sharp downturn in reported US Crude Oil stocks. ", "Holdings of refined Crude Oil products, including gasoline and Natural Gas storage holdings, both rose over the week through May 24, hobbling investment sentiment of Crude Oil markets. "
  • According to FXStreet on Friday, 31 May, "At the time of writing, Crude Oil (WTI) trades at $77.77and Brent Crude at $81.93"

More news about Natural Gas (NG).

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