In light of advanced prints from CME Group for natural gas futures markets, open interest shrank by around 2.5K contracts after two consecutive daily
builds on Monday. On the other hand, volume went up by around 46.3K contracts following three daily drops in a row.started the week on a strong foot, setting aside Friday’s pullback. Monday’s uptick was amidst shrinking open interest and this removes strength from a potential sustained recovery in the very near term. So far, the $3.00 mark per MMBtu remains a key hurdle for the time being.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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