Natural Gas Futures Went Down By Over 15% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 15.52% for the last 21 sessions. At 05:54 EST on Wednesday, 10 July, Natural Gas (NG) is $2.38.

Volume

Today’s last reported volume for Natural Gas is 11065, 99.99% below its average volume of 3238769592.77.

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 declines on Monday, WTI faces familiar technical levels as tropical storm fears ease. According to FXStreet on Monday, 8 July, "Global Crude Oil demand forecasts were initially built upon a foundation of easing global interest rates, a trend that has failed to materialize through 2024.", "A risk bid from possible supply chain disruptions from Beryl helped to bolster Crude Oil prices last week. "
  • Crude oil eases on Tuesday despite extended decline in API barrel counts. According to FXStreet on Tuesday, 9 July, "West Texas Intermediate (WTI) US Crude Oil extended a near term decline on Tuesday, falling to $81.00 per barrel as American Crude Oil markets continue to struggle to find consistent bullish momentum.", "Crude Oil prices remain tepid to soft on Tuesday as US Distillate Stocks, Crude Oil derivatives primarily used for diesel and home heating and cooling production bounced 2.3 million and entirely missing the forecast decline of -740K drawdown."

More news about Natural Gas (NG).

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