Natural Gas Futures Bullish By 8% In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 8.01% for the last 10 sessions. At 05:51 EST on Wednesday, 4 September, Natural Gas (NG) is $2.18.

Volume

Today’s last reported volume for Natural Gas is 8850, 99.99% below its average volume of 3114206365.65.

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 trying to hold steady at the low end of near-term chop. According to FXStreet on Monday, 2 September, "Libya announced a halt of Crude Oil exports out of the country on Monday as political sections grapple over who controls Libya’s Crude Oil balance sheets while the Organization for the Petroleum Exporting Countries (OPEC) is expected to ease restrictions on member state production caps, and slowing activity figures in China are weighing on Crude Oil demand expectations.", "OPEC’s extended league of non-member allies, OPEC+, is set to beginning easing back on voluntary production caps as smaller countries buckle under the weight of lopsided pumping limits meant to keep global Crude Oil prices buoyed. "

More news about Natural Gas (NG).

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