(VIANEWS) – Natural Gas (NG) has been up by 16.29% for the last 10 sessions. At 13:52 EST on Sunday, 12 November, Natural Gas (NG) is $3.02.
Volume
Today’s last reported volume for Natural Gas is 101277, 99.99% below its average volume of 3993523307.27.
Volatility
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.41%, a negative 0.16%, and a positive 2.55%, respectively.
Natural Gas’s highest amplitude of average volatility was 3.41% (last week), 2.84% (last month), and 2.55% (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).
Previous days news about Natural Gas (NG)
- Natural gas sinks lower as markets are at ease with situation in middle east. According to FXStreet on Friday, 10 November, "While Europe is facing elevated temperatures and with gas storages still fully filled up for the winter, more downturn should be priced into Natural Gas prices."
News about
- According to FXStreet on Friday, 10 November, "This, to a larger extent, overshadows the fact that major producers Russia and Saudi Arabia pledged to maintain their supply cuts until the end of the year and do little to lend any support to Crude Oil prices, validating the negative outlook.", "Even from a technical perspective, this week’s sustained break and acceptance below the very important 200-day SMA suggest that the path of least resistance for Crude Oil prices remains to the downside. "
- Crude oil looking to firm up a bounce from $76. According to FXStreet on Saturday, 11 November, "Despite significant production cuts from key member states of the Organization of the Petroleum Exporting Countries (OPEC), global oil demand has failed to materialize in a meaningful way, specifically weighed down by a notable lack of Crude Oil demand from China.", "US Crude Oil stocks declined sharply last month, but the drawdown is larger a result of oil refiners capitalizing on soaring oil prices, and Crude Oil stocks continue to rebound almost as quickly as they declined."
More news about Natural Gas (NG).
