Natural Gas Futures Bullish By 32% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 32.29% for the last 21 sessions. At 07:52 EST on Sunday, 14 January, Natural Gas (NG) is $3.33.

Volume

Today’s last reported volume for Natural Gas is 240825, 99.99% below its average volume of 3765993037.92.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was 0.24%, 1.31%, and 2.88%, respectively.

Natural Gas’s highest amplitude of average volatility was 3.13% (last week), 3.00% (last month), and 2.88% (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 oversold (<=20).

News about

  • Crude oil forecast: hangs about a range – 12 January 2024. According to DailyForex on Friday, 12 January, "Looking at the West Texas Intermediate Crude Oil Market, it’s evident that oil prices have shown some upward movement early in trading sessions. "
  • Crude oil eases back after rise on geopolitical concerns, WTI falls back into $72.50. According to FXStreet on Friday, 12 January, "West Texas Intermediate (WTI) US Crude Oil rose to a new 2024 high of $75.27 on Friday, with energy markets growing increasingly nervous about spill-over from ongoing geopolitical tensions after naval forces from the US and UK launched attacks on Houthi rebel forces that have been targeting civilian cargo and tanker ships off the coast of Yemen. ", "Markets broadly pivoted into renewed expectations of Federal Reserve (Fed) rate hikes before global markets settled back, dragging Crude Oil lower once more. "

More news about Natural Gas (NG).

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