(VIANEWS) – Natural Gas (NG) has been up by 4.09% for the last 10 sessions. At 13:50 EST on Sunday, 28 January, Natural Gas (NG) is $2.72.
Volume
Today’s last reported volume for Natural Gas is 52166, 99.99% below its average volume of 3718432883.25.
Volatility
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.27%, a negative 0.29%, and a positive 3.48%, respectively.
Natural Gas’s highest amplitude of average volatility was 6.20% (last week), 4.83% (last month), and 3.48% (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 looks for the ceiling on Friday as WTI tests $78.00. According to FXStreet on Friday, 26 January, "Despite another buildup in refined gasoline adding to already-burgeoning gasoline supplies, energy markets are broadly focusing on the potential for ongoing Crude Oil supply constraints.", "West Texas Intermediate (WTI) US Crude Oil bid into a two-month high north of 78$.00 per barrel on Friday as barrel traders pile into long bets on continuing geopolitical concerns and near-term supply constraints. "
- WTI crude oil weekly forecast: move higher as risk adds to complicated price – 28 January 2024. According to DailyForex on Sunday, 28 January, "While the attack on the ship carrying Crude Oil will worry the market, larger players in the commodity will certainly have news that the fire on the vessel was contained. ", "Day traders who choose to speculate on WTI Crude Oil early this week need to understand that risk sentiment is fragile. "
- According to FXStreet on Friday, 26 January, "According to the Energy Information Administration (EIA), the Crude Oil Stocks Change showed a significant decrease compared to the prior week’s drop. "
More news about Natural Gas (NG).
