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Natural Gas Futures Over 13% Up In The Last 21 Sessions

Natural Gas Futures Over 13% Up In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 13.85% for the last 21 sessions. At 13:50 EST on Saturday, 9 March, Natural Gas (NG) is $1.81.

Volume

Today's last reported volume for Natural Gas is 127482, 99.99% below its average volume of 3582697957.91.

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

  • According to FXStreet on Friday, 8 March, "According to the weekly EIA Crude Oil stockpiles report, US commercial crude oil inventories rose by 1.367M barrels per day (bpd) for the week ending March 1 amid recovering refinery runs from 4.199M bpd in the previous week. "
  • WTI hovers around $78.50 after recent gains on US crude oil stocks change. According to FXStreet on Thursday, 7 March, "US Energy Information Administration (EIA) showed that Crude Oil Stocks Change rose for a sixth week in a row, building by 1.367 million barrels against the expected 2.116 million barrels and 4.199 million barrels prior. ", "Additionally, US API Weekly Crude Oil Stock data reported build-in stockpiles of 0.423 million barrels, contrary to market expectations of a decrease to 2.6 million barrels from the previous 8.428 million barrels."

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.