Natural Gas Futures: No changes to the consolidative phase

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Natural Gas Futures: No changes to the consolidative phase Gas Commodities Energy OpenInterest Futures

by almost 8K contracts. Volume, instead, went up by around 9.7K contracts, reversing the previous daily drop.climbed modestly at the beginning of the week. However, the uptick was on the back of diminishing open interest and rising volume, exposing the continuation of the current multi-week consolidation range. In the meantime, occasional bullish attempts should meet the initial up-barrier around monthly highs near the $2.40 mark per MMBtu .

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Natural Gas: A near-term rebound looks probableCME Group’s flash data for natural gas futures markets noted traders reduced their open interest positions by just 830 contracts on Friday, adding to
Source: FXStreetNews - 🏆 14. / 72 Read more »

EU considering major Tunisia aid package as migration surgesThe European Union is considering over 1 billion euros ($1.07 billion) in aid for Tunisia to help develop its battered economy, rescue state finances and deal with a migration crisis, the EU Commission President Ursula von der Leyen said on Sunday.
Source: Reuters - 🏆 2. / 97 Read more »