(VIANEWS) – Natural Gas (NG) has been up by 13.44% for the last 21 sessions. At 11:52 EST on Tuesday, 6 August, Natural Gas (NG) is $2.02.
Volume
Today’s last reported volume for Natural Gas is 80160, 99.99% below its average volume of 3181504757.45.
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 Monday, 5 August, "At the time of writing, Crude Oil (WTI) trades at $71.61 and Brent Crude at $75.42"
- According to FXStreet on Tuesday, 6 August, "In the absence of any relevant US economic releases on Tuesday, fresh geopolitical developments surrounding the ongoing conflicts in the Middle East will continue to influence Crude Oil prices. ", "Apart from this, subdued US Dollar (USD) price action, amid rising bets for a bigger interest rate cut by the Federal Reserve (Fed), turn out to be key factors acting as a tailwind for Crude Oil prices."
- According to FXStreet on Tuesday, 6 August, "This is expected to dent fuel demand and drags Crude Oil prices lower for the fourth straight day, which, in turn, is seen undermining demand for the commodity-linked Loonie. ", "Furthermore, the risk of a broader Middle East conflict continues to fuel concerns about supply disruptions from the key Oil producing region and could help limit losses for Crude Oil prices. "
More news about Natural Gas (NG).
