Natural Gas Futures: Door open to further gains – by pabspiovano Gas Commodities Energy OpenInterest Futures
consecutive session on Monday, this time by more than 2K contracts. Volume, in the meantime, reversed three daily drops in a row and went sharply by nearly 128K contracts.was accompanied by increasing open interest and volume, allowing the commodity to extend the bounce in the very near term and with the immediate hurdle at the 200-day SMA, today at $6.750 per MMBtu.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Natural Gas Futures: Further downside not ruled outCME Group’s flash data for natural gas futures markets noted open interest rose for the 4th straight session on Friday, this time by around 2.7K contr
Read more »
California’s Natural-Gas Bans Push Largest Gas Utility to Find a New StrategySouthern California Gas, the nation’s largest natural-gas utility, will need to spend billions to prepare for a future with fewer customers for the fuel
Read more »
Crude Oil Futures: Door open to extra gainsConsidering advanced prints from CME Group for crude oil futures markets, traders extended the uptrend in open interest and added around 5.5K contract
Read more »
Natural Gas Price Hike Hits Crypto Miners in Iran – Mining Bitcoin NewsCompanies using natural gas to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel.
Read more »
Natural gas-linked super PAC drops $1 million backing RepublicansAn opaque political organization linked to the natural gas industry has quietly pumped big money into races bolstering Ohio Republicans, records show.
Read more »