(VIANEWS) – Natural Gas (NG) has been up by 15.1% for the last 10 sessions. At 08:52 EST on Wednesday, 16 October, Natural Gas (NG) is $2.42.
Volume
Today’s last reported volume for Natural Gas is 24552, 99.99% below its average volume of 3026895993.63.
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 nosedives after IEA says oversupply still continues. According to FXStreet on Tuesday, 15 October, "At the time of writing, Crude Oil (WTI) trades at $70.12 and Brent Crude at $74.09", "There is a challenging path to recovery if Crude Oil wants to get back to $75.00. "
- According to FXStreet on Tuesday, 15 October, "This leads to a further decline in Crude Oil prices, which undermines the commodity-linked Loonie and lends additional support to the USD/CAD pair."
- Usd/cad eyes 1.3800 mark amid bullish usd, weaker crude oil prices. According to FXStreet on Monday, 14 October, "Meanwhile, Crude Oil prices open with a bearish weekly gap in reaction to softer Chinese inflation data released over the weekend, which pointed to a sustained deflationary trend and bods poorly with fuel demand. ", "The momentum is sponsored by a bullish US Dollar (USD) and declining Crude Oil prices, which tend to undermine the commodity-linked Loonie."
More news about Natural Gas (NG).
