(VIANEWS) – Natural Gas (NG) has been up by 8.9% for the last 10 sessions. At 22:50 EST on Friday, 1 March, Natural Gas (NG) is $1.84.
Volume
Today’s last reported volume for Natural Gas is 96476, 99.99% below its average volume of 3602623297.55.
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).
Previous days news about Natural Gas (NG)
- Natural gas edges closer to a four-day winning streak. According to FXStreet on Thursday, 29 February, "On the upside, Natural Gas is facing some pivotal technical levels to get back to. ", "Adding to that equation, more volume of Natural Gas from the US and Canada could quickly tip into an oversupplied market with more downside prices at hand."
News about
- Crude oil flattens on Thursday, WTI tests below $78.00. According to FXStreet on Thursday, 29 February, "West Texas Intermediate (WTI) US Crude Oil traded closely with the $78.00 handle on Thursday as bullish Crude Oil momentum stopped in its tracks as rising US Crude Oil stocks begin to weigh on energy risk appetite. ", "A steady buildup of barrel counts on the back of record Crude Oil production from the US is limiting upside potential in WTI, which has struggled to hold onto bullish territory after failing to capture the $79.00 handle"
- Crude oil monthly forecast: March 2024 – 29 February 2024. According to DailyForex on Thursday, 29 February, "The West Texas Intermediate Crude Oil market has been more of a "buy on the dip" market during the month of February, and as I write this article at the end of the month, it’s currently testing the 50-Week EMA. ", "As per usual, the Brent Crude Oil market, or the UK Oil market if you are using CFDs, is following right along with WTI Crude Oil. "
- According to FXStreet on Thursday, 29 February, "Additionally, the higher API Weekly Crude Oil Stock added to the downward pressure on oil prices."
- According to FXStreet on Thursday, 29 February, "Additionally, the EIA Crude Oil stockpiles came in weaker-than-expected, rising by 4.199 million barrels last week from 3.514 million barrels prior. "
More news about Natural Gas (NG).
