CME Group’s flash data for natural gas futures markets noted traders increased their open interest positions for the third day in a row on Thursday, n
ow by around 4.7K contracts. In the same direction, volume, increased by nearly 45K contracts amids the persevering choppy activity.was accompanied by rising open interest and volume and is indicative the further gains could be in store for the commodity in the very near term. In the meantime, the $3.00 region per MMBtu remains an important obstacle for bulls’ aspirations.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Natural Gas Futures: Extra decline not ruled outConsidering advanced prints from CME Group for natural gas futures markets, open interest increased for the second session in a row on Wednesday, this
Read more »
Natural Gas: Storage Crystal-Balling Improves After Misfires - A ‘Good Omen’?Commodities Analysis by Investing.com (Barani Krishnan) covering: Natural Gas Futures, WisdomTree Natural Gas 1x Daily Short, TR/CC CRB Natural Gas, iPath® Bloomberg Natural Gas Subindex Total Return(SM) ETN. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Read more »
Environmentalists lose latest court battle against liquified natural gas project in LouisianaEnvironmentalists opposed to a planned liquified natural gas terminal and pipeline in southwest Louisiana have lost a federal court battle over a permit for the project.
Read more »
Natural Gas Price News: XNG/USD recovers to $2.75 amid market consolidationNatural Gas Price (XNG/USD) picks up bids to $2.75 early Thursday morning in Asia as energy traders await more clues to defend the previous losses, po
Read more »
Natural Gas strengthens as strike risks persistNatural Gas price is trying to push up after its steady three-day decline this week, with benchmark futures rising 2.7% on Thursday. Traders are in th
Read more »