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Natural Gas Futures Rises By 17% In The Last 21 Sessions

ViaNews Editorial Team

October 15, 2023

Natural Gas Futures Rises By 17% In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 17.85% for the last 21 sessions. At 05:50 EST on Sunday, 15 October, Natural Gas (NG) is $3.21.

Volume

Today's last reported volume for Natural Gas is 124989, 99.99% below its average volume of 4099677215.38.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was 0.77%, 0.96%, and 2.40%, respectively.

Natural Gas's highest amplitude of average volatility was 0.77% (last week), 2.29% (last month), and 2.40% (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, 13 October, "West Texas Intermediary (WTI) Crude Oil prices struggle to gain any meaningful traction on Friday and oscillate in a narrow band, around mid-$82.00s through the Asian session. ", "This, along with a forecast that global inventories will decline through the fourth quarter, continues to lend some support to Crude Oil prices."
  • According to FXStreet on Friday, 13 October, "A modest uptick in Crude Oil prices is seen underpinning the commodity-linked Loonie, which, along with a mildly softer tone surrounding the US Dollar (USD) acts as a headwind for the USD/CAD pair. ", "Apart from this, receding fears about potential supply disruptions due to the Israel-Palestinian conflict should cap the upside for Crude Oil prices on the back of worries that a global economic slowdown will dent fuel demand. "

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.