(VIANEWS) – Natural Gas (NG) has been up by 3.56% for the last 10 sessions. At 11:52 EST on Wednesday, 24 April, Natural Gas (NG) is $1.71.
Volume
Today’s last reported volume for Natural Gas is 25026, 99.99% below its average volume of 3430892106.19.
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
- WTI back over $83 as crude oil sees additional volatility. According to FXStreet on Tuesday, 23 April, "West Texas Intermediate (WTI) US Crude Oil started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite dragged barrel bids into a fresh high above $83.00. ", "The day’s late-stage rally brought US Crude Oil prices just above the 200-hour Exponential Moving Average (EMA)."
- According to FXStreet on Wednesday, 24 April, "This reduces the risk premium from markets and acts as a headwind for Crude Oil prices. ", "Adding to this, expectations that major central banks will cut interest rates to support economic growth, which, in turn, will boost fuel consumption, and a surprise drop in US crude inventories last week help limit the downside for Crude Oil prices. "
- WTI churns close to $82.00 as crude oil tries to stop the slide. According to FXStreet on Monday, 22 April, "The American Petroleum Institute (API) will deliver its latest weekly Crude Oil Stocks barrel counts late Tuesday. ", "Despite declining for all but three of the last 12 consecutive trading days, US Crude Oil continues to trade above the 200-day EMA near $79.00. "
More news about Natural Gas (NG).
