Natural Gas is currently on bullish momentum. At 13:04 EST on Friday, 7 May, Natural Gas is at $2.98 and 1.64% up since the last session’s close.
Natural Gas Range
About Natural Gas’s daily highs and lows, it’s 1.639% up from its trailing 24 hours low of $2.93 and 1.431% up from its trailing 24 hours high of $2.93.
Natural Gas’s last week, last month’s, and last quarter’s current volatility was 0.06%, 0.70%, and 1.80%, respectively.
Natural Gas’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.56% (last week), 1.09% (last month), and 1.80% (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
According to FX Empire on Wednesday, 5 May, "Yesterday, API Crude Oil Stock Change report indicated that crude inventories declined by 7.7 million barrels compared to analyst consensus which called for a decline of 2.19 million barrels.", "Today, the market’s focus will shift to EIA Weekly Petroleum Status Report which usually has a bigger impact on the market compared to API Crude Oil Stock Change report. "
More news about Natural Gas.