Natural Gas Futures Went Up By Over 17% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 17.8% for the last 21 sessions. At 02:54 EST on Tuesday, 17 October, Natural Gas (NG) is $3.12.

Volume

Today’s last reported volume for Natural Gas is 2343, 99.99% below its average volume of 4068775449.76.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.80%, a positive 0.73%, and a positive 2.48%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.97% (last week), 2.46% (last month), and 2.48% (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 overbought (>=80).

News about

  • According to FXStreet on Monday, 16 October, "Such developments are seen as a potential tailwind for Crude Oil prices, as concerns over supply disruptions contribute to market uncertainties."
  • Crude oil forecast: sees upward volatility amidst geopolitical concerns – 16 October 2023. According to DailyForex on Monday, 16 October, "In the case of West Texas Intermediate Crude Oil (US Oil), prices surged notably, testing the upper boundary of the recent consolidation range. ", "In summary, the crude oil market experienced a significant rally, with West Texas Intermediate Crude Oil and Brent (UK Oil) both displaying notable price movements. "
  • According to DailyForex on Sunday, 15 October, "The West Texas Intermediate Crude Oil market has initially fallen during the week, only to turn around and show signs of life again. "

More news about Natural Gas (NG).

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