(VIANEWS) – Natural Gas (NG) has been up by 19.54% for the last 21 sessions. At 11:54 EST on Tuesday, 24 September, Natural Gas (NG) is $2.61.
Volume
Today’s last reported volume for Natural Gas is 31953, 99.99% below its average volume of 3078684829.42.
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 Tuesday, 24 September, "This is seen underpinning demand for USD-denominated commodities and lending some support to Crude Oil prices.", "The aforementioned mixed fundamental backdrop warrants some caution before placing aggressive directional bets around Crude Oil prices as traders opt to wait for more cues about the Fed’s rate-cut path. "
- Crude oil prices remain buoyed by geopolitical concerns while European economy enters doom scenario. According to FXStreet on Monday, 23 September, "At the time of writing, Crude Oil (WTI) trades at $71.59 and Brent Crude at $74.41"
- Crude oil jumps above $72 as China issues cash injection, UN assembles. According to FXStreet on Tuesday, 24 September, "Crude Oil is not enjoying one but three catalysts, all taking place simultaneously, which are driving Crude Oil prices above the $71.46 (the February 5 low) key level. ", "Meanwhile, the geopolitical front is supporting a higher Crude Oil price even with the United Nations (UN) having an emergency assembly later this Tuesday after the intense strikes in Lebanon by Israel over the past few days."
- According to FXStreet on Monday, 23 September, "West Texas Intermediate (WTI) US Crude Oil prices have recovered over 10.5% bottom-to-top since September 10’s bottom bids of $64.75, the key commodity’s lowest prices since May of 2022. "
More news about Natural Gas (NG).
