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Natural Gas Futures Slides By 18% In The Last 21 Sessions

ViaNews Editorial Team

December 10, 2023

Natural Gas Futures Slides By 18% In The Last 21 Sessions

(VIANEWS) - Natural Gas (NG) has been up by 18.73% for the last 21 sessions. At 13:50 EST on Sunday, 10 December, Natural Gas (NG) is $2.55.

Volume

Today's last reported volume for Natural Gas is 154274, 99.99% below its average volume of 3883393230.99.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was a negative 3.37%, a negative 1.07%, and a positive 2.51%, respectively.

Natural Gas's highest amplitude of average volatility was 3.37% (last week), 2.41% (last month), and 2.51% (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 sees a bounce on Friday, still set for another down week with WTI below $72. According to FXStreet on Friday, 8 December, "Key OPEC members, headed up by Saudi Arabia, have aggressively pursued tighter production caps in order to keep Crude Oil prices bid. ", "Seven straight weeks of declines have dragged WTI down nearly twenty percent plus a half from the last peak of $89.64, and US Crude Oil is down nearly twenty-seven percent from September's peak just below $94.00 per barrel."

More news about Natural Gas (NG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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