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

(VIANEWS) – Natural Gas (NG) has been up by 21.01% for the last 21 sessions. At 02:51 EST on Wednesday, 29 May, Natural Gas (NG) is $2.59.

Volume

Today’s last reported volume for Natural Gas is 53, 99.99% below its average volume of 3328638795.68.

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 stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "West Texas Intermediate (WTI) US Crude Oil continued to gain on Monday, climbing above $78.50 per barrel. ", "Last week’s US Crude Oil supply tracking saw yet another unexpected buildup of US barrel counts. "
  • Crude oil extends gains, WTI breaks $80 as markets look to opec+. According to FXStreet on Tuesday, 28 May, "West Texas Intermediate (WTI) US Crude Oil rose on Tuesday as energy markets look to production cuts from the Organization of the Petroleum Exporting Countries (OPEC), and its extended network of non-member partner countries OPEC+, to maintain production cuts in order to try and tamp down global Crude Oil production in the face of disappointing demand.", "WTI US Crude Oil climbed over 5% from the last swing low into $76.00 per barrel, cracking $80.00 and climbing over $1.50 per barrel on Tuesday. "

More news about Natural Gas (NG).

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