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Natural Gas Futures Went Up By Over 7% In The Last 21 Sessions

ViaNews Editorial Team

January 24, 2024

Natural Gas Futures Went Up By Over 7% In The Last 21 Sessions

(VIANEWS) - Natural Gas (NG) has been up by 7.85% for the last 21 sessions. At 16:52 EST on Wednesday, 24 January, Natural Gas (NG) is $2.69.

Volume

Today's last reported volume for Natural Gas is 58429, 99.99% below its average volume of 3659610376.62.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was a negative 6.32%, a negative 1.05%, and a positive 3.44%, respectively.

Natural Gas's highest amplitude of average volatility was 6.32% (last week), 4.52% (last month), and 3.44% (last quarter), respectively.

News about

  • Crude oil circles between key levels amidst market churn, WTI cycles around $74.50. According to FXStreet on Tuesday, 23 January, "Daily candles show Crude Oil stuck on the low side of the 200-day SMA just below the $78.00 handle, and a slight bullish lean to prices see barrel bids getting snagged in a congestion zone between the 50-day and 200-day SMAs as Crude Oil prices drifts into a consolidation pattern, up nearly 10% from December's swing low into $67.97.", "US production of Crude Oil tipped into record highs in the tail-end of 2023, and according to the Energy Information Administration (EIA) on Tuesday, Texas' Crude Oil output is getting aided by an overall increase in the density of its Crude Oil, meaning Texas is pumping oil out of the ground with a higher specific gravity than normal, meaning it can be converted into more light sweet crude than lighter-gravity oils from other pumping locations."
  • Crude oil forecast - crude oil continues to attempt to discern directionality - 22 January 2024. According to DailyForex on Monday, 22 January, "Looking specifically at the West Texas Intermediate (WTI) Crude Oil Market, it attempted a modest rally during Friday's trading session. "
  • According to FXStreet on Tuesday, 23 January, "Market participants will likely watch the upcoming Crude Oil Stock data closely, with the American Petroleum Institute (API) set to release its report for the week ending on January 19 on Tuesday. ", "This will be followed by the Crude Oil Stocks Change data from the US Energy Information Administration (EIA) scheduled for Wednesday."

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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