(VIANEWS) – Natural Gas (NG) has been up by 12.72% for the last 10 sessions. At 05:56 EST on Thursday, 2 May, Natural Gas (NG) is $1.98.
Volume
Today’s last reported volume for Natural Gas is 11339, 99.99% below its average volume of 3387827749.59.
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 slumps on risk aversion, WTI tests $81 per barrel. According to FXStreet on Tuesday, 30 April, "WTI has fallen back to a familiar supply zone near $81.00 as bullish momentum in US Crude Oil remains limited. ", "According to API data, US Crude Oil stocks through the week ended April 26th are up 6.514 million barrels for the month of April."
- According to FXStreet on Thursday, 2 May, "The Mexican Peso (MXN) trades higher in its key pairs on Thursday as market sentiment gets a lift from a combination of factors, including the US Federal Reserve’s (Fed) decision to maintain an easing bias at its policy meeting on Wednesday, and Crude Oil prices hovering close to seven-week lows.", "Lower Crude Oil prices, with WTI trading in the mid $79s, were a further positive factor for global risk sentiment as they reduce companies’ transportation and energy costs."
- Crude oil recedes post-fed, WTI tumbles below $80. According to FXStreet on Wednesday, 1 May, "With most global markets focused on the Fed’s latest rate call, the Energy Information Administration (EIA) printed its latest week-on-week barrel counts for US Crude Oil supply. ", "EIA US Crude Oil Stocks are up 9.473 million barrels in the month of April, and US Crude Oil production tracked by the EIA has oversupplied nearly 30 million barrels since the beginning of the year."
- According to FXStreet on Tuesday, 30 April, "Apart from this,the API Weekly Crude Oil Stock for the week ending April 26 will be released."
More news about Natural Gas (NG).
