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Natural Gas Futures Over 22% Down In The Last 21 Sessions

ViaNews Editorial Team

December 11, 2023

Natural Gas Futures Over 22% Down In The Last 21 Sessions

(VIANEWS) - Natural Gas (NG) has been up by 22.27% for the last 21 sessions. At 16:55 EST on Monday, 11 December, Natural Gas (NG) is $2.38.

Volume

Today's last reported volume for Natural Gas is 29216, 99.99% below its average volume of 3864856800.55.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was a negative 1.82%, a negative 0.98%, and a positive 2.51%, respectively.

Natural Gas's highest amplitude of average volatility was 1.82% (last week), 2.32% (last month), and 2.51% (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: weekly forecast 10th December - 16th December - 10 December 2023. According to DailyForex on Sunday, 10 December, "However, narrative is being hotly debated and the fact that OPEC and other Crude Oil producing nations have lowered output shows that a complex puzzle must be considered regarding fundamentals as they try to increase the price of their cherished commodity. ", "Demand for WTI Crude Oil it has been argued by some analysts actually remains high, but that supply levels in the U."
  • According to FXStreet on Monday, 11 December, "West Texas Intermediate (WTI) Crude Oil prices edge higher during the Asian session on Monday and look to build on last week's modest recovery from the $69.00/barrel mark or the lowest level since June 29. ", "This, in turn, is seen as a key factor acting as a tailwind for Crude Oil prices. "
  • According to FXStreet on Monday, 11 December, "Additionally, the market also focuses on the API Weekly Crude Oil Stock data for the week ending on December 8, which will be closely observed on Tuesday for potential market impacts."

More news about Natural Gas (NG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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Natural Gas Futures Over 22% Down In The Last 21 Sessions | Via News