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Natural Gas Futures Rises By 7% In The Last 21 Sessions

ViaNews Editorial Team

August 22, 2024

Natural Gas Futures Rises By 7% In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 7.7% for the last 21 sessions. At 20:53 EST on Wednesday, 21 August, Natural Gas (NG) is $2.20.

Volume

Today's last reported volume for Natural Gas is 585, 99.99% below its average volume of 3129250110.76.

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 Tuesday, 20 August, "That said, the risk of a further escalation of geopolitical tensions could lend some support to Crude Oil prices and help limit losses."
  • According to FXStreet on Tuesday, 20 August, "At the time of writing, Crude Oil (WTI) trades at $73.05 and Brent Crude at $76.76."
  • According to FXStreet on Tuesday, 20 August, "These were mainly driven by higher shipments of milk powder, butter, and cheese (+11%); fruit (+28%); preparations of milk, cereals, flour, and starch (+86%); and Crude Oil (+310%)."

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.