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Natural Gas Futures Over 18% Up In The Last 10 Sessions

ViaNews Editorial Team

September 6, 2024

Natural Gas Futures Over 18% Up In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 18.49% for the last 10 sessions. At 02:50 EST on Friday, 6 September, Natural Gas (NG) is $2.27.

Volume

Today's last reported volume for Natural Gas is 4216, 99.99% below its average volume of 3078683974.06.

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 snaps below $70 as opec, libya flood supply side. According to FXStreet on Wednesday, 4 September, "At the time of writing, Crude Oil (WTI) trades at $70.40 and Brent Crude at $74.11"
  • According to FXStreet on Thursday, 5 September, "Looking ahead, traders will keep an eye on the US ISM Services PMI and weekly EIA Crude Oil stockpiles report, which are due later on Thursday. "
  • Crude oil bottoms out as OPEC mulls delaying supply increase. According to FXStreet on Thursday, 5 September, "At the time of writing, Crude Oil (WTI) trades at $69.43 and Brent Crude at $73.27", "This delay appears to be the minimum needed to keep Crude Oil prices afloat at the current levels."

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.