Natural Gas Futures: Strong rebound could struggle to continue

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Natural Gas Futures: Strong rebound could struggle to continue Gas Commodities Energy OpenInterest Futures

ime by around 2.5K contracts. Volume, instead, went up sharply by nearly 364K contracts, offsetting the previous daily pullback.rose markedly on Thursday and clinched multi-day highs near the $2.60 zone. The pronounced uptick, however, was amidst shrinking open interest and volume and could prompt some corrective move in the very near term. In the meantime, the May high near $2.70 per MMBtu emerges as the immediate target for bulls.

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