Natural Gas Futures Over 3% Down In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 3.87% for the last 10 sessions. At 20:52 EST on Thursday, 27 June, Natural Gas (NG) is $2.71.

Volume

Today’s last reported volume for Natural Gas is 1156, 99.99% below its average volume of 3242010708.19.

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, 27 June, "On Wednesday, US Energy Information Administration data showed that US Crude Oil Stocks Change increased by 3.591 million barrels in the week ending June 21, defying market expectations for a 3.000 million-barrel decline."
  • According to FXStreet on Wednesday, 26 June, "The latter will influence the Fed’s future policy decision, which, in turn, will drive the USD demand in the near term and provide some meaningful impetus to Crude Oil prices."
  • According to FXStreet on Thursday, 27 June, "This, in turn, is seen capping the upside for the USD/CAD pair, though a downtick in Crude Oil prices undermines the commodity-linked Loonie and acts as a tailwind.", "That said, worries about potential supply disruptions in Russia and the Middle East should help limit deeper losses for Crude Oil prices. "

More news about Natural Gas (NG).

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