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Natural Gas Futures Is 8% Up In The Last 10 Sessions

ViaNews Editorial Team

September 12, 2024

Natural Gas Futures Is 8% Up In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 8.87% for the last 10 sessions. At 11:55 EST on Thursday, 12 September, Natural Gas (NG) is $2.36.

Volume

Today's last reported volume for Natural Gas is 129977, 99.99% below its average volume of 3075760461.19.

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

  • Crude oil extends rebound amid concerns about impact of francine tropical storm on US production. According to FXStreet on Thursday, 12 September, "Crude Oil pops over 1.00% for a second day in a row after booking over 1.50% gains on Wednesday, which was the biggest daily gain for Crude Oil in two weeks. ", "At the time of writing, Crude Oil (WTI) trades at $67.70 and Brent Crude at $71.29"
  • Crude oil bears over 8% loss for September. According to FXStreet on Wednesday, 11 September, "At the time of writing, Crude Oil (WTI) trades at $65.52and Brent Crude at $69.16"
  • According to Zacks on Wednesday, 11 September, "Against this backdrop, investors can keep a close tab on the inverse leveraged oil ETFs like ProShares UltraShort Bloomberg Crude Oil (SCO Quick QuoteSCO - Free Report) and MicroSectors Energy 3X Inverse Leveraged ETNs (WTID Quick QuoteWTID) . "

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.