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Natural Gas Futures Went Up By Over 16% In The Last 10 Sessions

ViaNews Editorial Team

August 10, 2024

Natural Gas Futures Went Up By Over 16% In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 16.18% for the last 10 sessions. At 23:51 EST on Friday, 9 August, Natural Gas (NG) is $2.16.

Volume

Today's last reported volume for Natural Gas is 146523, 99.99% below its average volume of 3200367726.24.

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 Zacks on Friday, 9 August, "It recorded Crude Oil processed volumes of 53.8 thousand barrels per day (MBbl/D)."
  • According to FXStreet on Thursday, 8 August, "This, in turn, holds back traders from placing aggressive bullish bets around Crude Oil prices and caps the upside, though geopolitical risks could act as a tailwind.", "This keeps the risk of supply disruptions from the key Oil producing region and continues to offer some support to Crude Oil prices. "

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.